Consumers choose to sell their legal settlements (also referred to as structured settlements) for many reasons. While many sell their payments to help with college tuition, debt reduction, medical expenses or mortgage payments, most people sell their settlement to gain financial flexibility when personal or financial needs change. "The long payout periods of most structured settlements - typically up to 30 years - work well for many holders, but not all," said Andrew Torre, Chief Compliance Manager for J...

You must sell an annuity in order to receive a lump sum payment from it - this is the main reason why people sell annuities. Annuities are generally safe investments, but they don't have high returns, especially when compared to the alternatives.

Individuals sell structured settlements to get liquid cash. They can be sold to special financial institutions. The main advantage of selling structured settlements is that the annuity owner does not fall under any tax obligations.

Structured Settlements refers to an agreement between the insurance company and the individual who meets with an accident. The insurance company agrees to pay the victim a predetermined amount of cash for a fixed interval. These settlements are designed to help individuals get assurance and liquid cash to pay for their structured settlements and annuity payments.

Selling annuity payments is easier said than done most often. This article describes the process and obstacles involved with cashing out annuity payments for a lump sum of money. Many individuals factor annuity payments for a multitude of reasons, including to pay off debt or to send a child to college.