Structured Settlement Calculator Now Available for Cash Payout Estimate on My Structured Settlement Cash - Yahoo Finance
The federal legislation said that if a selfinsured were to buy an annuity themselves, they could not deduct the cost of the annuity during the year they purchased it. They would only be able to deduct part of the payments as the periodic payments were made, which would make it very, very unattractive for selfinsureds to enter into a structured settlement, Blonder said. That law also allowed both defendants and their insurers that entered into a qualified assignment to take those payments off their books. The advantage to the plaintiff was they wouldnt be looking at relatively lesssecure casualty companies, as opposed to the life insurance companies that are in our industry, which are much stronger and much more secure than casualty companies, or certainly selfinsureds, typically, Blonder said, The Act provided clarification for all parties involved. If theyre done correctly, the way structures work is you sit down between the plaintiffs and the defendant, and you work out an agreement to provide so much in the way of funding at whatever levels are required.
After receiving a cash payout estimate from the calculator, it is possible to receive a fully reliable, no-obligation quote. To receive a free quote, only the individual''s name, email address, phone number, and other information regarding the structured settlement or annuity is required. While the structured settlement calculator can determine value and whether a lump sum buyout is worthwhile, it is not 100 percent accurate. There are a variety of factors that can affect the value of structured settlements or annuities. Some of these factors include whether the payment amounts have increased over time, whether some payments have been sold, and how much of the payment is remaining. My Structured Settlement Cash created the structured settlement calculator because the company understands the appeal of a lump sum buyout when monthly installments are no longer meeting financial requirements. In order to help customers with this, My Structured Settlement Cash''s website is a secure site run by highly experienced and knowledgeable staff.