Why do Some Annuitants Sell?
In early February, the newly formed, fast-growing American Association of Settlement Consultants (AASC) hosted their inaugural conference in Las Vegas. Strategic Capital’s Ric Perez and Max Worth not only appeared in-person but also delivered an educational presentation.
Strategic Capital recognizes that Structured Settlements are a fantastic tool for providing customized, guaranteed future payments which lead to financial and emotional stability for annuitants.
The Educational Presentation began with an answer to a controversial question: Why do some annuitants sell?
Our answer: Because after receiving their structured settlement, something else happened and their lives changed so much and in such unexpected ways, that their structured settlement cannot adjust to their changed needs without a little help. Keep in mind, we’re talking about a fraction of annuitants who consider doing this.
Why You Should Know About Strategic Capital
Through targeted advertising and the increased accessibility to digital court records, annuitants are being bombarded with predatory marketing tactics. Strategic Capital is concerned about this and wants settlement professionals and trial lawyers to know that we are available to be a helpful resource to them and their annuitants (no strings attached). When people are facing financial hardship, are emotionally vulnerable, and perhaps in a panic, they need assistance from professionals who will put the annuitant’s needs first.
THE BOTTOM Line IS TWO-FOLD
Factoring structured settlement payments is a service that will be around for as long as the product itself.
The trial lawyers and settlement professionals directly involved in setting up the structure in the first place are in a great position to help their clients, if & when it comes to factoring payments.
Strategic Capital is the resource you need for your clients facing unexpected life changes.
The transactions we complete are between us and the annuitant. But the trial lawyers and settlement professionals who trust us with their clients are just as much our customers. We look at our role as an extension of your customer service experience. We’re here to help however we can and sometimes that means we’re just listening and helping people work through their options to figure out if selling a portion of their structured settlement is right for them. This is how we help trial lawyers and settlement professionals preserve the structured settlement they setup and free up their own time to focus on building their businesses.
If you learn that your client is considering selling any payments, put us in touch with your client or put your client in touch with us.