We all want an easy fix, like a quick online structured settlement calculator that can tell us exactly how much our payments are worth. But really, structured payments are so complicated that no online calculator can tell you what they are truly worth. No online calculator that exists will consider your current payments, future payments, how far in advance they are, what is remaining in the structure, what the time value and inflation rates are and all of that sufficient to give you an accurate quote. In fact, an online structured settlement calculator might give you a false sense of thinking you understand what your payments are worth, when the truth is that there is so much that goes into this calculation that you simply have to talk to a live person to get even a ballpark idea of what your settlement is worth.
Now, life has changed and you find that you need more money. Selling your structured settlement payments is a potential way to handle this situation. But before making such a big decision you cannot be too informed – the more you know the better! Do not count on a simple, inaccurate, online structured settlement calculator for such a big decision. Please read the Strategic Capital website to inform you or call Strategic Capital to get answers for your specific situation today.
- Exhaust all other options before you sell your payments.
- Sell only as many payments as you absolutely must to meet your current financial needs.
- Be careful choosing a structured settlement company. Pick one that has a good reputation and treats you well, not one that pushes you to sell.
- Consider selling “earlier” payments first – payments that are further into the future will be worth less if sold now.
- Do what you mean to do with the money and invest any “leftovers.”
This text represents hundreds of hours of research and review of thousands of pages of laws, cases, statistics, blogs, financial guru advice and more. We have done the footwork for you and provided you with almost everything that you could want to know about selling your structured settlement. But every person is different and each situation unique – you may need to learn more before you make that final decision.
Following are a list of the top sources that we recommend to help you get the rest of the information that you need to make that final decision, or simply to make the process of selling your payments or managing your money go more smoothly:
- U.S. Security and Information Commission. Pension or Settlement Income Streams: What to know before Buying or Selling them.
- A guidelines for North Carolina judges (much applicable to all states) for structured settlement sales hearings. Available at,
- U.S. Code 5891.
- IRS Code about tax relief for personal injury proceeds
- Educational Conference, sponsored by National Association of Settlement Purchasers.
- “Structured Settlements and Periodic Payment Judgments” – written by Hindert, Dehner and Hindert; published by Law Journal Press.
- Blog “Beyond Structured Settlements”.
- The “Structured Settlement Wiki”.
- Blog, with many articles I have written and video interviews I have done, is a good resource.
- National Association of Settlement Purchasers. From here you can connect to the website of a number of different originators, all of whom are NASP members.
- Law firm website on selling structured settlements.
- John Darer’s website – When it comes to structured settlements, John Darer is considered a watchdog, looking out for consumers and trying to help you make better decisions.
And of course, our Strategic Capital website and our friendly account representatives are there to answer your questions any time.