TITLE AND SUBJECT OF ARTICLE
How to choose the
right structured settlement broker
A prospective seller of a structured settlement payment is better served utilizing the services of a structured settlement broker rather than approaching a buyer directly. The same is true for an individual who is about to come into a large sum of money via a structured settlement payment.
Structured settlement broker, finance
A prospective seller of a structured settlement payment is better served utilizing the services of a structured settlement broker rather than approaching a buyer directly. The same is true for an individual who is about to come into a large sum of money via a structured settlement payment. This is because with a broker mediating a deal, it works out best for all the parties involved.
While selling a structured settlement, taking help from a broker is recommended as a broker maintains professional contacts with several underwriters and is thus in a position to offer the best deal to a seller. One should ensure that the broker is not working exclusively for a selected few underwriters as it may result in lower lump sum payments.
A seller can take help from an attorney who has had past dealings with structured settlement brokers and knows the right questions to ask. One should focus queries on the cost of the process and time involved.
The broker should be experienced enough to handle the intricacies of a structured settlement and variables affected by individual situations. This ability makes an experienced broker a valuable asset in ensuring that the settlement process takes place fast and efficiently. The brokers should also possess all the means of communication so that time is not lost and there is less paper clutter at the client’s end.
A structured settlement broker can provide an indication of the costs and time involved in selling a structured settlement. The broker’s inputs will be useful in deciding the right amount of payments to sell. Alternatively, when an individual is obtaining a structured settlement payment through an out-of-court settlement or lottery winnings, the broker analyses the best possible payment scenario for his client after understanding his concerns. This helps the beneficiary in availing the settlement payments in the best possible manner. The broker’s efforts also involve imparting tax-planning and investment advice to his clients.
Ideally, the structured settlement broker should be registered with the Department of Justice, be registered in a state of America, and with one insurance company at least. Brokers should be insured against errors and omissions and should have a reputation for fair dealing.
How To Get Quick
Cash for Your Structured Settlement
Just because you have received a structured settlement for your lawsuit or insuracne claim, it does not mean you have to wait years to get the money you have comming to you. There are several settlement purchasing companies that will give you quick cash for your structured settlement. Such companies can pay cash for your entire structured settlement or purchase your remaining settlement payments. You can spend this lump sum payment on anything you wish such as a house, college tuition, business
settlement, cash, structured, insurance, quick
Just because you have received a structured settlement for your lawsuit or insuracne claim, it does not mean you have to wait years to get the money you have comming to you. There are several settlement purchasing companies that will give you quick cash for your structured settlement. Such companies can pay cash for your entire structured settlement or purchase your remaining settlement payments. You can spend this lump sum payment on anything you wish such as a house, college tuition, business investments or debts.
What Is a Structured Settlement?
A structured settlement typically results from a personal injury lawsuit. This is an agreement where you agree to accept periodic payments over time in exchange for the release of liability of your claim. A structured settlement can provide payments in almost any manner that you choose. An example is a settlement that may be paid in annual installments over a number of years. Another is getting settlement payments in periodic payouts every few years.
These kinds of payments are generally awarded through the purchase of one or more annuities from a life insurance company. Structured settlements can also be given with lottery winnings, contest prize money and any other situation where there is a substantial cash award.
Structured Settlements May Not Always the Best Fit
Structured settlements are designed to provide some long-term financial security to injury victims through payments that are tax free. For most people, the agreed upon structured settlement payment plan initially makes sense. However if a financial emergency, business opportunity, unforeseen medical expense, or a house purchase can put a strain on the injured party's finances.
In this case the structured nature of the settlement may get to be too restrictive to cover major financial purchases. A structured settlement may also not be the best option for investing. There are several other investment vehicles that can generate far greater long-term return than the annuities that are used in structured settlements. Therefore, some people may be better off getting cash for their structured settlement payments and then begin building their own investment portfolio.
How Getting Cash for a Structured Settlement Works
If you receive an award from your injury case, your attorney or financial advisor may very likely recommend getting periodic installment payments versus giving you a lump sum of cash up front for your structured settlement. Then an independent third party can purchase an annuity that will provide you with tax-free periodic payments.
Companies that will offer cash for structured settlements have a variety of programs that will allow you to access any portion of your annuity. For an example, you may want to sell as few as four year's worth of payments and receive a lump-sum payment while still enjoying some portion of your monthly payments. Or you could even sell your settlement for a large payment that is five or six years in the future. You could also customize an arrangement to get cash for a structured settlement based on your own unique needs.
Here is an example of how obtaining cash for a structured settlement works: Let's say you were in an accident seven years ago. The accident caused you to be hospitalized for several months and undergo nearly a year and a half's worth of physical therapy. So you hire an attorney and sued the responsible individual-or, rather, the person's insurance company. Ultimately, your attorney advises you that you will be awarded a substantial sum of money.
After several months or years of negotiation, you receive a very nice sized settlement. However, the cash you will get upfront is only enough to cover the medical expenses you have accumulated. The rest of your compensation is scheduled to be paid out in regular installments through an annuity over the next 15 to 30 years. Instead of being restricted to a monthly or annual payments, you choose to contact a settlement purchaser to secure immediate cash for your structured settlement. You're then able to use that cash to enhance your current cash flow-rather than waiting on periodic settlement payments.
The Legal Issues of Receiving Cash for a Structured Settlement
If you're thinking about getting cash for your structured settlement, it's important to contact a financial advisor. Most states have specific regulations that can limit the sale of structured settlements, so you will need court approval to receive cash for your structured settlement. Federal restrictions can also affect the sale of structured settlements to a third-party individual. Some insurance companies won't transfer annuities to third parties.
Also, before you even try to obtain cash for a structured settlement, be sure to do your homework. Make sure to check out multiple companies to see which one can offer you the most cash for your structured settlement. You may also want to examine their integrity, reputation and track record. This will help ensure you have the most positive experience obtaining cash for your structured settlement.
Receiving cash for a structured settlement can very well be an ideal option if you need a lump sum of money to satisfy your immediate needs.
How To Make Quick
Cash With Resell Rights
Here's some easy ways to make quick cash with resell rights.
resell rights, resale rights, master resell rights, private label rights
Today I’m going to talk to you about how to make some quick cash with resell right products. Resell Right products allow you to resell them and pocket 100% of the commissions. These are a big craze on the internet and you probably have some hiding somewhere on your hard drive.
The first thing to consider is what type of resell license you have. Usually this license will come with the product itself or in a “read me” file. I like to keep my products organized. I keep them organized in folders. I’ll keep a main folder just called resell rights. Then I’ll have in that folder another folder for “stand alone” products. I’ll create another one for products that can be “bundled” or “used as bonuses.” Then I’ll create one more folder for products that can be “given away free.”
** How To Sell When You Have Competition **
Resell Right Products are a great way to make money but you have to worry about your competition. One way to do this is to buy rights to a less competitive product. Someone might offer resale licenses to his product for only 100 people. By buying a license to a product like this, you know that you’ll have far less competition. The disadvantage of this is that you’ll often end up spending several hundred dollars.
For those that don’t have the money to invest in limited resell right licenses, there’s still hope. You just have to make your offer stand out from the crowd. The easiest way is to pile on the bonuses.
Remember earlier I had you create a folder called “bonuses.” These are products that can be offered as bonuses or bundled with other products. Adding bonus products is the easiest and most lucrative way to get someone to buy the same product that is being marketed strongly by other resellers.
Besides bonuses you also can make your sales page seem different. One thing you can do is change your headline. Another thing you can do is change the graphics. People notice right away if they’ve seen the offer before by the graphics and the headline. If you’re a good copywriter you can even change the entire sales letter. Make the site look completely new.
** Limited Time Offers **
In the resell right license, they’ll usually tell you if a product is a stand alone product. This means that it can’t be sold as a package or a collection of products. I usually like to sell these as they usually have more value and since they can’t be bundled, they’re not as widespread.
I think the best way to sell a product is by offering a limited time offer to your list. Find a great product and then find products that can be used as bonuses. Offer these extra products for a limited time. Be sure that you take your page down when you said that you would or you’ll loose credibility.
** One Time Offers **
This is a great way to make some extra cash. Find as many products as you can that can be bundled together in a package. Offer them all for an incredible price to the people who just joined your mailing list. Make this a one time offer in that they’ll only see the offer once.
You’ll be surprised how many people will take you up on these one time offers and it’s a great way to build some cash.
** eCourses **
eCourses are a great way to sell resell rights. The better products will come with an ecourse already. If you don’t have one, don’t worry. It’s as easy as slapping some related articles into an autoresponder.
What you can do is promote the ecourse first and once the person subscribes forward them to the sales page for the resell right product. It takes the average person atleast 7xs to see an offer before they buy. Creating an ecourse is an excellent way to people to buy as you can keep reminding them about your product.
** A Word About Freebies **
I would stay away from products that say they can be sold or offered for free. You’re going to have an upset customer if someone pays money for a product and then finds out that others are giving it away for free. I use these as subscriber bait. They sound impressive because they can be sold. So use them to get people to subscribe to your ezine or your ecourse for the product.