Agreeing to a structured settlement presents a number of advantages, not the least of which is saving a considerable amount of money by avoiding trials and lawyer fees. The idea of eliminating those costs while receiving periodic payments as part of the structured settlement may lead annuitants to think that they have a perfect arrangement that will provide them the opportunity to meet many of their financial goals.
The reality is the periodic payments that are part of a structured settlement agreement all too often fail to present annuitants with the kind of buying power they had hoped. For this reason many annuitants opt to sell their future settlement payments for lump sum payments to immediately secure a larger source of money.
While this decision may sound like an easy one to make it too comes with potential problems as not every buyer offers the same amount for those structured settlements. In fact many buyers are nothing more than brokers who position themselves between an annuitant and a financial institution with the only goal being, buy low and sell high.
At AnFed Bank, the only bank specifically designed to serve the unique needs of structured settlement annuitants and lottery winners, annuitants can be assured that they are dealing directly with a financial institution, meaning they will get the most generous slump sum for their future structured settlements.
To learn more about how AnFed Bank can provide you with the true worth of your structured settlement payments request a free consultation and explore your options.
