Cash for Structured Settlement payments are purchased by many forms of structured settlement annuities from wrongful death and personal injury lawsuits resulting from car accidents, work related injuries, medical malpractice claims, and more. Annuities are designed to provide regular cash payments to individuals who were injured through no fault of their own, or who have died. Structured settlements are designed to offer long-term compensation to these individuals while allowing the injured person’s family to deal with the financial implications of such a large sum of money. Structured Settlement companies buy structured settlements from the courts and handle all the paperwork and negotiations for the award.

The company buys structured settlements for all types of injuries – personal injury, medical malpractice, property damage, and wrongful death. They can even buy structured settlements for death settlements that have been paid out. No tax is required to be paid on the lump sum settlement payments, since they are sold tax-free. The payments need to be made in a timely manner within a certain time-frame. If the time frame is exceeded, there could be serious tax consequences.

A number of financial and tax specialists are available who can assist buyers in making these purchases. It is important to do your research before deciding on selling structured settlements or annuities. The buyer should always obtain an individualized quote from a reputable broker in order to receive the best deal possible.