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How to preserve a lump sum payment of cash

5 Tips on how to stay rich after selling your structured settlement, annuity payments or lottery winnings for lump sum payment

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.

Categories: Annuity Payments, Blog, Cash Structured Settlements, Woodbridge Investments LLC, buyer of structured settlement, cash advance, cash advance for settlements, cash advances, cash for annuity payments, cash now, get a lump some for your payments, lottery, lottery winnings, lump sum for your payments, sell annuities.

Sell Lottery Payments and Feel Like an Even Bigger Winner Than You Are

For those who have won the lottery, the promise of collecting their money by the end of their payments is attractive—maybe even too good to pass up. But if they were to stop and really think about how small incremental payouts are affecting their lives, they might come to realize that they are not getting the best deal. If you have just won the lottery and are, like them, waiting impatiently for payments to trickle in, you may be able to do better by selling lottery payments to get a lump sum.
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Categories: buy lottery payments, lottery winnings, sell lottery payments.

Should You Sell Lottery Payments?

Like almost everybody else, you believe that winning the lottery is the answer to all of your financial problems. Believe it or not, that is not always the case.
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Categories: lottery winnings, sell lottery payments.

Selling Lottery Payments to Get a Lump Sum

When someone wins the lottery, he or she is given the option to receive the prize in the form of periodic annuity payments. Most winners choose the annuity option over the lump sum and some states do not even offer the lump sum option.
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Categories: Blog, Lottery Payments, lottery winnings, sell lottery payments.

You Can Sell Annuity Payments for a Cash Lump Sum

An Annuity provides a guaranteed income stream for a specified period of time and is offered to winners of lotteries or large settlements. Annuities can also be bought through insurance companies. Scenarios may arise where an annuity owner has to get a lump sum of cash instead of keeping the income stream; during such times, the owner can sell annuity payments.

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Categories: Blog, Lottery Payments, lottery winnings, sell lottery payments.

Think Carefully Before Selling Lottery Payments

Upon winning the lottery, you may have chosen to receive periodic payments spread over many years until you get the total amount of your prize. If you find yourself faced with an emergency that requires you to spend a huge amount of money, you can exercise the option to sell lottery payments for a lump sum.

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Categories: Blog, Lottery Payments, lottery winnings, sell lottery payments.

Structured Settlements and Annuities: How you can turn your payments into a new home

Get a large lump sum now for your future payments from structured settlements, annuities, or lottery winnings. Use your lump sum as a down payment on a new home purchase, or renovate and upgrade your existing home.

Selling your structured settlement payments for one lump sum could help buy you a new home. If you are among the thousands of Americans receiving periodic payments from a structured settlement, annuity, or lottery and looking to buy home, there is no better time than now!

With an overwhelming surplus of new construction, and foreclosed homes, there is a seemingly endless inventory of homes available on the market these days all across the country. Banks have tightened there lending requirements, and are racing to recoup lost assets felt as a direct result of defaulted home loans.

What does this mean for you?

It means that home prices have plummeted.

There are more houses on the market than there are buyers with available credit or ability to afford required down payments. The Feds have locked the interest rates for the time being affording you an opportunity to take part in the American dream of home ownership.

When you sell all or some of your structured settlement or annuity payments, you receive a one time lump sum of cash, that is readily available to you. Depending on how much your payments are worth, you may even be able to sell only a small portion of payments and still receive periodic payments to supplement your income. You can sell future payments even if you have sold some before. Companies such as Woodbridge Investments will buy your payments even if they are outside the guaranteed period.

How do you find out how much your payments are worth?

That’s Easy!

There are several companies that specialize in buying payments from structured settlements, annuities, and lottery winnings. These settlement purchasing and factoring companies have funding ready to put cash in your pocket now. Aggressive competition for your business ensures that you are going to get the most money possible for your payments. Once you have determined how much money you will need, find out how much your payments are worth by getting an appraisal or quote.

What do you need to get an appraisal or quote?

All you need is three!

How often do you receive your payments?
Do you receive them monthly, quarterly, annually, etc.
How much are your payments?
Are they $500, $1000, $10,000, $50,000, etc.
How many payments are left?
Do you have 5 years, 10 years, 30 years?

With just these three key pieces of info, you can find out how large a lump sum is available to you when you sell payments from a structured settlement, annuity, or lottery.

Are all your payments worth the same amount of money?

The answer is no. TVM, otherwise known as the time value of money, and the interest you have not earned in your payments not yet received all play a role in factoring how much your payments are worth. Payments that are further in the future are typically worth much less than those you would receive sooner. A dollar today is worth more than a dollar tomorrow. Inflation plays a large role in eating away at the value of your future payments. The amount of money you will pay for a bag of groceries today will not get you as large a bag in 5, 10, or even 20 years. For this very reason many people chose to cash out there payments now, and reinvest their money, start another business, pay for college tuition, or even put it in savings.

How does a company determine how much my payments are worth?

The equations used when factoring the monetary value of your settlement, annuity or lottery payment is a bit complex. TVM (Time Value of Money), Calculated rate of Inflation, and Interest Rates are just a few components used in determining each payments value.

After I chose a company to sell my payments to what do I do next?

Now that you have decided to sell your payments for a large lump sum. You will need to provide the company buying your payments with proof of your benefits. This is a letter from the insurance company that states in writing exactly how your payments are structured and how you receive them. Then you will need to sign agreement with the settlement purchasing company.

The company will deliver to you documents for your to review, and after you have agreed to the sale of your payments in writing, a court will review the transaction, and provide a final approval.

Why does a court need to review my sale?

A court will determine that the transaction you have agreed to is in your best interest, makes sure that all legal documents are filed accordingly, and that you will net be negatively or adversely affected by giving up some or all of your future payments. As previously stated, you do not have to sell all of your payments. How many payments you sell, is up to you.

There should never be any pressure or obligation for you to sell your payments. Your financial decisions are personal and these choices should be left for you and your family to decide.

Once the court has approved the transaction, you will receive your lump sum. Typically the entire process can take anywhere from 60-90 days, depending on which state you live in. Some courts will be quicker than others, and taking into consideration how quickly all the documents are signed and returned can have an impact on the varying lengths of time it takes to conclude a sale of payments.

To get a free, easy, no hassle, no obligation quote now call toll free-

1-866-865-7044

Or get an online quote at www.woodbridgeinvestments.com

Categories: Buyer of Structured Settlement Payment, Cash Structured Settlements, Sell Structured Settlement Payments, Structured Settlements, annuities, lottery winnings, lump sum, lump sum for your payments, personal injury settlements, sell payments, sell structured settlement.

Tired of waiting for your lottery winnings? Get a lump sum now!

You don’t have to wait for your future lottery payments. Get a large lump sum now!

So you won the lottery!

For most Americans winning a lottery is a dream come true, until that dream becomes a nightmare. Frustrated by having to wait on small monthly or annual payments, many people are choosing to sell their lottery payments for a large lump sum now.

Winning a lottery is supposed to enhance your financial state, not create more headaches. Maybe you have debts, medical expenses, tuition, or even a dream vacation you wanted to pay for. How is that possible to do when you are only getting a tiny portion of your winnings over an extended period of time?

With most casino or lottery winnings, you are typically offered several options of receiving your money either monthly, yearly, or maybe even bi-annually. Don’t forget the amount of your winnings that will be drastically reduced to pay for other things like fees, and taxes!

Why wait to for small periodic payments when you can get a large lump sum now. Woodbridge Investments can help you get the money you need and want today!

Call Woodbridge Investments today toll free! 1-866-865-7044 or go online and get your free quote to see how much your future lottery payments are worth. www.woodbridgeinvestments.com

Woodbridge Investments quarantees you will get you the most money for your future lottery payments.

Categories: Blog, Lottery Payments, buy lottery payments, future payments, lotery, lotery payment, lottery, lottery wiinings, lottery winnings, lump sum, lump sum for your payments, lump sum payments.