What is a Structured Settlement?
Structured settlements may include life-contingent annuities, annuities, lottery winnings, insurance payouts, and more. Contact us today if you believe your future income stream may qualify.
A structured settlement is a financial contract in which an insurance company agrees to make regular payments to an individual over a specified period. This approach distributes funds in controlled installments, offering greater financial predictability. If you prefer to manage a lump sum independently, Prime Asset Capital can assist you with a full buyout today.
What is a Structured Settlement Transfer?
A structured settlement transfer, often referred to as a buyout or sale, is a financial option that allows recipients of future structured settlement payments to access their funds sooner. This process involves selling the rights to some or all future payments to a specialized third-party company in exchange for an immediate lump sum of cash to meet current financial needs. Prime Asset Capital can assist with a full buyout of your annuity or a customized partial buyout.
Our Process
Personal Communication to Understand Your Needs and Goals
- You will work closely with your personal annuity specialist from initial inquiry through funding. They serve as your single point of contact and keep you informed throughout the court approval process.
- We evaluate the current value of your annuity and work with you to determine how much access you need today.Â
Streamlined Paperwork
- Our team guides you through all required documentation, ensuring a clear and confusion-free experience.
- Our in-house legal counsel handles all documentation and ensures compliance with applicable local laws and regulations, giving you added confidence and peace of mind.
Court Approval Process
- The court approval process typically takes between 3 and 30 days. The local court reviews and approves the transfer, facilitated by our in-house counsel, and we keep you informed at every stage.
Final Funding and Payout
- Once approved, we promptly disburse your lump-sum payment, accounting for any prior advances, so you receive your funds without unnecessary delay.