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Structures Annuity Settlement

Structures Annuity Settlement

A Structures Annuity Settlement (SAS) is a negotiated financial and insurance arrangement that allows the claimant to receive a portion of the settlement in periodic payments. The claimant can choose to receive this money in a lump sum or in a series of payments. It is an excellent option for those who are not able to pay their entire settlement in a lump sum.

The money from a structured settlement can be used for a variety of expenses. Some examples include paying for college tuition, a new home, or debt consolidation. A Structures Annuity Settlement buyer can help you access the money sooner and pay off your outstanding debts. They can also purchase your remaining payments.

The process for selling a Structures Annuity Settlement can take two to three months. The first step is getting court approval. Once you have the approval, you can start the sale process. There are several companies that specialize in buying structured settlements. One of them is J.G. Wentworth, who owns Peachtree Financial. They can purchase a portion of your settlement for cash and preserve your future payments.

While a Structures Annuity Settlement can be a good choice for many people, they should be considered carefully. For example, an accident victim may have received a structured settlement as a minor, but would like to use the money in a larger amount later on. A structured settlement can also be beneficial for a person who is seriously disabled and needs monthly payments for the rest of his or her life.

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