Selling Your Annuity

At some time during the period you are being paid for your structured settlement, you may decide that you wish to sell it, or you may be approached by a company that is offering to buy your annuity. Is it possible to sell your structured settlement? How much cash will you get?

Yes, you can sell your settlement for a lump sum. You not only can sell your payments but you have the ability to sell either all of your payments or you can sell on a smaller portion of you payments.

As for how much you will receive? It will be less than the face value for sure. The answer depends on a number of factors and will consider the fact that a specific amount of money is more valuable today than it will be in future years. So if you are selling a payment ten years out it will be discounted for what those dollars will be able to buy in ten years versus what they could be used to purchase in today’s economy.