Structured Settlements in 2016

Outlook for the life and structured settlements markets in 2016 February 2016  |  10QUESTIONS  |  FINANCE & INVESTMENT financierworldwide.com 78 FW speaks with Corwin Zass, the founder and principal of Actuarial Risk Management, Ltd, about the outlook for the life and structured settlements markets in 2016. FW: Could you provide an overview of key developments in the life and structured settlements markets over the last 12 months or so? What trends are having an impact in this space? Zass: Over the last year or so, the life settlement market has dealt with both headwinds and tailwinds. The lobby group, LISA, […]

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Congratulations to the California Lottery Winner!

We’d  like to Congratulate the California Lottery Winner from Chino Hills, Ca. California Lottery Winner. The scene was celebratory at a 7-Eleven in Chino Hills on Wednesday night where one of three jackpot-winning Powerball tickets was sold. Additional jackpot winners were also confirmed in Florida and Tennessee, according to Russ Lopez with the California Lottery. Each winning ticket was worth $528.8 million, Lopez said. The Chino Hills ticket was purchased at the 7-Eleven store at 4092 Chino Hills Parkway. Twelve other tickets bought in California matched 5 of 6 numbers, according to Lopez. Those tickets were sold in Nipton, Chula […]

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Congratulations to the California Lottery Winner!

We’d  like to Congratulate the California Lottery Winner from Chino Hills, Ca. California Lottery Winner. The scene was celebratory at a 7-Eleven in Chino Hills on Wednesday night where one of three jackpot-winning Powerball tickets was sold. Additional jackpot winners were also confirmed in Florida and Tennessee, according to Russ Lopez with the California Lottery. Each winning ticket was worth $528.8 million, Lopez said. The Chino Hills ticket was purchased at the 7-Eleven store at 4092 Chino Hills Parkway. Twelve other tickets bought in California matched 5 of 6 numbers, according to Lopez. Those tickets were sold in Nipton, Chula […]

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Happy Holidays

‘Tis the season for some to take offense when a store clerk says “happy holidays” instead of “merry Christmas,” or when a coffee chain converts to plain red cups for the holiday. The “war on Christmas” trope seems to surface with Black Friday sales, but who is actually at war? It is easy to imagine saying “merry Christmas” as another cudgel in the culture wars between Christians and the irreligious. The actual story, however, is much more nuanced. Public Religion Research Institute asked a nationally representative sample of Americans whether retailers should greet their customers with “happy holidays” or “season’s greetings” — rather than […]

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HARVEST HOME OR THANKSGIVING?

HARVEST HOME OR THANKSGIVING? In a letter from “E.W.” (Edward Winslow) to a friend in England, he says: “And God be praised, we had a good increase…. Our harvest being gotten in, our governor sent four men on fowling that so we might after a special manner rejoice together….” Winslow continues, “These things I thought good to let you understand… that you might on our behalf give God thanks who hath dealt so favourably with us.” In 1622, without his approval, Winslow’s letter was printed in a pamphlet that historians commonly call Mourt’s Relation. This published description of the First […]

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Structured Settlement Lawyer Review

The preceding article talks about a judge and his findings for best interests and the initial protection acts that were established. As a structured settlement lawyer that was involved in the “lock box” days, I understood the need for legislation. Today I work mostly on the side of the seller as an Independent Professional Advisor, where my primary purpose I believe is to protect the best interest of the seller. First thing I look at is the Fair Market Appraisal of the payments being sold, since I know in California that is one of the first things the judges will […]

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Lawmakers ask attorney general to probe structured settlement buyouts

 Structured Settlement Buyouts As a Structured Settlement Attorney that represents sellers of structured settlements as an Independent Professional Advisor, we found this article very interesting. By Terrence McCoy September 1 at 7:50 PM Two members of the U.S. Congress have written a letter to Attorney General Loretta Lynch requesting an investigation into whether companies that purchase settlement payment rights have violated federal law amid mounting criticism that some deals have taken advantage of vulnerable residents in poor, urban communities.“Our goal is to have the Attorney General’s office take a deep dive into these practices and expose wrongdoing, because clearly we […]

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10 Steps to sell structured settlement

I have been thinking about this for a while now, basically there are people out there who have structured settlements and have never sold a portion of them and have no idea that you can, or how to sell a structured settlement. On the opposite side I know that there are people out there who are pros at selling portions of structured settlements, that I’m sure could benefit from a little more information from a structured settlement attorney that provides structured settlement advice as an Independent Professional Advisor. So we start off and you have a monthly or lump sum […]

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The West Virginia Structured Settlement Protection Statute

The West Virginia Structured Settlement Protection Statute ARTICLE 6H. TRANSFERS OF RIGHT TO RECEIVE FUTURE PAYMENTS. §46A-6H-1. Definitions. For the purposes of this article: (1) “Closing date” means the date the transfer agreement is executed by the consumer and the transferee, and shall be at least fourteen days after the requisite disclosures have been provided to the consumer and interested parties. (2) “Consumer” means any person entitled to receive periodic future payments from an annuity issuer, settlement obligor or any other party as the result of an annuity, settlement, lottery winnings, sweepstakes payoff or other future payment arrangement. (3) “Discounted […]

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Structured Settlement Expert Advisor for Investors

Structured Settlement IPA, selling you structured settlement

Structured Settlement Expert Advisor for Investors Allan S. Roth, founder of Wealth Logic, an hourly-based financial-planning firm in Colorado Springs, noted in the Wall Street Journal on November 23, 2012 that he Continue reading Structured Settlement Expert Advisor for Investors