No one is perfect, and it’s easy to make a money mistake every now and then. But not learning from your financial miss-steps is silly and can cost you tens of thousands over the years. Here are nine costly money blunders you should avoid: Not paying off your debt So you’re carrying a big balance…
What is Strategic Capital? Strategic Capital Corporation provides financial services to structured settlement annuitants, lottery winners and attorneys who need liquidity and who need to access their future periodic payments. Strategic Capital recognizes that life is unpredictable and that unanticipated events can radically change an annuitant’s financial needs long after the lawsuit was settled. Payees…
The best financial planners advise their clients to be prepared for life’s events, planned ones as well as surprise ones. Some of us are more able to plan for life’s twists and turns, but most of us do not have the financial assets to prepare in advance for life’s expenses, it doesn’t matter if…
We are back… where were we? oh yes, here are points that you need to know when you sell your structured settlements. 1. Don’t judge a book by its cover Slick buyers will try to impress you with all sorts of “facts”-which may or may not be relevant to your situation. They may tell you…
Take this quiz Most companies who purchased future payments encourage people to sell all available payments they receive. True or False? It is always cheaper for someone to get a loan than cashing out their structure. True or False? Most companies that purchase structured settlement payments don’t’ care how much work went into its creation.…
In an earlier post, we talked about the primary and secondary structured settlement markets and how they work. Now, let’s explore an emerging trend in the structured settlement industry. There’s a new use for structured settlements from the secondary market that’s becoming popular. Re-factored annuities are structured settlement payments from the primary market that have…
When it comes to structured settlements and the decision of whether or not to sell payments, it’s a good idea for everyone involved to understand the difference between the “primary market” and the “secondary market.” The Primary Structured Settlement Market The primary structured settlement market is where structured settlements are initially negotiated and set up…
One of our attorneys was recently contacted by an annuitant who needed our attorney’s advice on an urgent matter. This annuitant had completed previous transactions involving his companies structured settlement payments with two different factoring companies. According to Strategic Capital’s attorney, the annuitant was articulate and appeared to understand completely his transactions. The reason for…
Dear KJA Member: As trial attorneys, we work every day to help clients protect their settlements by working with them to create structured settlements that may help provide them income over their lifetimes, or for a college education, or for major milestones in their lifetimes. Too often, we find if they take the lump sum…
“In November 2010, I gave birth to a beautiful, preterm baby girl. Due to a heart condition, my pregnancy was high risk, requiring me to go to specialists. A few weeks after having her, we found out that our insurance company wouldn’t cover the charges due to us being “out of network.” The doctor and…