Selling a structured settlement, annuity payments or lottery winnings can certainly be daunting. No one knows what the next ten, twenty or thirty years may hold, thus it is a common belief that selling regular payments is like selling your safety net.

Despite this belief, receiving a lump sum of cash will not necessarily leave you high and dry, although you do need to be careful managing your newfound wealth. You might want to sell structured settlement payments, annuity payments or lottery winnings in exchange of a lump sum of cash, but this doesn’t mean you have to be scared of having your money run out before you’re ready.

How not to spend your entire lump sum of cash right away

Get an accountant

With your new lump sum of cash, you should be able to afford to hire an accountant. This is a very worthy investment to get professional advice and avoid any unnecessary fines, settle any tax issues and establish a long term plan for your money.

Pay off all of your debt before your spend that lump sum of cash

Debt is not something that you want to deal with when you are no longer receiving steady payments from your previous structured settlement, annuity payments or lottery winnings. Make this a priority so you will know exactly how much spending money you actually have.

Keep your day job, or at least get a new one

As mentioned before; you never know what could happen over the next decade or three. It should always be a goal of yours to continue increasing your net worth, or at least not letting the number slip to something negative. Keep your job to maintain an additional stream of steady income. If you just can’t stand your current job, at least use your new financial freedom to take some time off and begin a new venture making money by doing something you are passionate about.

Avoid gambling with your lump sum of cash

Hopefully the thing you are passionate about is not gambling or taking on high risk financial investments. Taking on high risk investments or gambling with the lump sum of cash you just got is a surefire way to loose the money you would have had with each new structured settlement, lottery or annuity payment. Note: Chances of receiving lottery winnings twice in life are even more slim than winning once. Protect your assets.

Invest your new lump sum of cash

Whenever you sell your structured settlement, annuity payments or lottery winnings, you usually have to sacrifice a portion of the ultimate amount in order to receive that large lump sum of cash. If you invest what you get in a smart way, you might be able to make back all of that money and then some.

If you are selling a structured settlement, annuity payments or lottery winnings, consider getting a free quote about how much you could get in a lump sum of cash by visiting our free quote page.

An annuity investment can be an excellent choice for people in search of ways to improve their retirement options. However, if you have either recently invested in or inherited an annuity, you may have come to the realization that you need more cash than what your monthly allowance is presently providing. If so, you should start exploring the benefits of an annuity lump sum. An annuity lump sum can get you the additional cash you need right now without having to sit and wait for your monthly checks to arrive.
Many individuals prefer an annuity lump sum for a various reasons, which may include:
• Freedom to go on vacation
• Settle debts
• Down payment on a new home
• Buying a new car
• Car maintenance and repair
• Home improvements
• College tuition

Annuity Lump Sum Advantages

The most significant advantage of an annuity lump sum is that you will be benefitting from upfront money from this investment when you need it. While a conventional annuity schedule will give you a guaranteed amount of money every month, the lump sum option offers you a lump sum payment right away, you will not need to wait every month for the check to arrive in the mail. Instead, you will be able to enjoy your cash immediately. You can use the cash towards other investments, to settle debts, put your children through college, etc.

Annuity Lump Sum Disadvantages

When you choose an annuity lump sum over a monthly check, you will lose some of your investment to the company that purchases the rest of your investment and you will have to familiarize yourself with the tax laws of your state in order to understand how much you will have to pay in taxes for receiving a large sum of cash. These losses, however, will seem less significant when you think of the convenience of having your cash in hand right now when you sell your payments for an annuity lump sum.

Visit www.woodbridgeinvestments.com to learn more about annuity lump sum options.

Selling your structured settlement, lottery winnings or selling an annuity payment by no means automatically suggests that you are not financially planning for the future.
Yes, there are many pitfalls that one can fall into after selling a structured settlement, lottery winning or annuity payment, but these can easily be avoided just by keeping a few pointers in mind.

1) Sell up to the budget that’s needed

Take some time before you sell your structured settlement, lottery winnings or annuity payment to set up your own budget and identify how much lump sum money is needed. Sell only the portion of payments that’s needed to fulfill this budget. Most Structured settlement companies will allow you to sell a portion of payments and if you need more at a future date you can sell your remaining payments

2) Determine long term and short term financial goals

Just because you should budget does not mean that you shouldn’t take advantage of the large amount of money you just got by selling a structured settlement, lottery winnings or annuity payments. Go ahead and enjoy, buy a new gift for yourself. However, don’t buy a car or boat right away if that wasn’t in your budget. It is good practice to limit what you spend a large amount of money on right away so you can see what the rest of your new spending habits are like. You might realize that you just can’t help going out for a lot of fancy dinners. Take some time to slowly evaluate what you want to spend your money on.

3) Think outside the box about spending

Right now your financial responsibilities may be limited. Think also about your future. Don’t forget that down the road you may have other people in your family or close circle of friends that you might need to take care of financially. Before you start spending the money you just got, make sure you cover all your bases and try to anticipate all of the large expenses you’ll have to cover in the next five or twenty-five years.

Selling a structured settlement, lottery winnings or selling annuity payments can be a great and fiscally responsible thing to do, as long as you take all aspects of managing your finances into consideration. For a free quote on how much money for future payments you can get, visit our free quote page

When someone decides to sell annuity payments, a professional annuity payment buyer offers a cash lump sum based on the present assessment of the complete annuity contract. The buyer may also offer cash for a portion of the future structured annuity payments, depending on the need of the seller.

While the decision to sell annuity payments might be in the best interests of the original investor, it may not be suitable for a person receiving annuities as an inheritance or a gift. Trading a portion or all of the annuity payments gives a person the perfect opportunity to use his or her money to its full potential. As such, most annuity contracts are for a period of 10 to 25 years, an individual just needs to sell a portion of the annuity payments while still keeping the remainder of the annuity.

A lot of buyout offers for selling annuities are more or less customized. This allows the people involved to determine how much of the annuity needs to be sold to get a lump sum that perfectly their needs. Certain variables such as the volume of annuity payments, fiscal rating of the insurance company making the payments, and how far into the future the annuity expands, have to be given due consideration when one decides to sell annuities. These factors help determine the amount of money a seller would receive.

Annuities are a form of personal investment now matter which you choose. You are paying into something now, to get a return later. When you choose to sell your annuity payments, you are opting to receive your money now rather than wait for those future payments.

Often there are situations in life that demand we alter our current financial obligations and priorities. Unforeseen expenses such as medical costs, illness, or injury can often be the culprit. In many cases, families are forced to confront the sudden inability to make ends meet, even if they are receiving a consistent and guaranteed form of income.

For many of Americans there are no quick or nearby solutions for the money crunch and the problems become worse with no sign of improving any time soon. Homes are foreclosed on, jobs are lost, education suffers, and families fall apart because of the financial strain they were not able to endure.

Resources that are available to some in certain parts of the country are not always readily accessible in others. You may be able to seek and receive temporary relief or aid from family, friends, and neighbors, or even your local parish or community organizations.

Selling annuities for cash now is just one of the many ways individuals can find resources for funds already available to them without having to turn to high interest loans, or borrowing money from friends and loved ones.

You can sell your annuity payments for a lump sum. It is even possible to sell all types of traditional life insurance policies for cash.

No one can decide what is right for you and your family better than you can. If you are currently receiving annuity payments, you may consider selling all or some of your payments for a lump sum now.

Once you have evaluated the situation and determined that you would rather seek financial relief from something you are entitled to rather than borrow something you do not have, you can decide if you want to sell all or some of your annuity payments for cash now.

Thousands of Americans every year choose to sell all or some of their future payments in exchange for a lump sum. This money can be used to pay off debts, or even pay for necessary home repairs.

Getting a quote for your payments is easy, and takes only a few minutes. There are many companies to choose from, and it is recommended that you get several quotes to makes sure you are getting the most money for your payments.

If you would like to receive a free immediate quote simply call 1-866-865-7044 or go online to http://www.woodbridgeinvestments.com/quote_form.php and find out in moments how much your payments are worth today!

Annuities; what are they?

An Annuity is a contract between you and an insurance company, under which you make a one time payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date. When you sell annuity payments now, you are choosing to receive the money now instead of waiting for the future payments.

Generally, there are two types of annuities- fixed and variable.

Fixed Annuity

In a fixed annuity, the insurance company guarantees that you will earn a minimum rate of interest during the time that your account is growing. The insurance company guarantees that periodic payments will be a guaranteed amount per dollar in your account. These periodic payments may last for a definite period, such as 20 or 30 years, or an indefinite period, such as your lifetime or the lifetime of you and your spouse.

Variable Annuity

In a variable annuity, you can choose to invest your purchase payments from a range of different investment options. The rate of the return on your purchase payments, and the amount of the periodic payments you will eventually receive, will vary depending on the performance of the investments options you have selected.

Variable annuities are securities regulated by the Securities and Exchange Commission also known as the SEC. Fixed annuities are not securities and are not regulated by the SEC.

To learn more about the Securities and Exchange Commission different types of fixed and variable annuities, you can visit the SEC website at http://sec.gov or write to:

SEC Headquarters
100 F Street, NE
Washington, DC 20549
(202) 942-8088