One may look to purchase structured settlements as a form of investment. A structured settlement purchaser will need to have a good trusting relationship with the other parties involved in the settlement since the process is long and could last for years.
There are many reasons many prefer to deal with structured settlements through a third party. Companies paying out a settlement may want to avoid paying taxes on settlements for lost wages, so they would rather deal with tax-free personal injury payments.
Companies may also prefer to deal with lump sum benefits that allow the receiver to pay off debts. A purchaser of structured settlements should shop around to find several quotes from several brokers.
Tips from an experienced purchaser can save one lots of trouble in the near and distant future if the purchaser is reliable.A purchaser should be aware of all aspects of the settlement game.
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