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February 20, 2013

Annuity Blog "Simply Annuities" Craps Out to Simple Question

by Structured Settlement Watchdog®

The question "What is a structured settlement annuity?" is simple enough. Yet an annuity blog called "Simply Annuities"  has somehow found a way to mess it up.

"Structured settlement annuities are financial investments designed to provide personal injury victims with liquify (sic) in years  to come. As with any major decision relenting(sic) to personnel (sic) finance and future financial security, there are risks and rewards,pros and cons, and even a few road hazards, regards (sic) selling your annuity for a lumpsum (sic)".

So typical of non credentialed marketing companies who "pimp"  for  cash now hustlers"pay per click manna.  The observed formula is (1) ask a legitimate financial question , (2) put out an uninformed effort to answer it; and then (3),  the inevitable sinking to the depths of the cash now hustle non sequitur.

 It's a foolish strategy that deserves the irreverence The Structured Setttlement Watchdog gives it.

With the wealth of legitimate information out there such writers have no excuse to churn out the garbage they do.  How about producing something of value?

Check with the Structured Settlement Watchdog, John Darer,  or another credentialed structured settlement expert to make sure what you are putting  out as fact about structured settlements really is.   One entity who I recently strongly criticized has taken the positive step of contacting us and asking us to review certain content for accuracy. 

 It does not have to be us, but it should be reviewed by someone with valid and relevant credentials, who is a natural English speaker rather than a non English speaker running a translation program or someone with less than an upper percentile high school graduate's English proficiency.

NOTE: Review of submitted materials does not imply endorsement. We simply want accurate information out there about structured settlements, and consumers to have the clearest path to accurate and relevant information.

 

 

 

Posted at 11:43 AM in Financial Literacy, Misinformation About Structured Settlements, Structured Settlement Watchdog® |

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Guide to Structured Settlements 2022

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    How structured settlements work, including 4structures.com LLC's super helpful structured settlement flow chart/diagram showing how structured settlements fit in with other settlement planning solutions.
  • Rated Ages and Structured Settlement Cost
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  • Structured Settlement Annuity Companies 2022
    Which life insurance companies issue structured settlement annuities going into 2022? A list of current structured annuity issuers, the location of their home offices and their financial ratings from A.M. Best, Moodys, Fitch, Standard & Poors and/or other Tier1 NAIC ratings, with links to their websites and other useful information.
  • Treasury Funded Structured Settlements
    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
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    Use the Taxable Equivalent Yield chart to help compare the Internal Rate of Return (IRR) of a structured settlement to other alternative or complementary investments. Need help with the chart? Call 4structures.com® LLC at 888-325-8640
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    Ways You Can Structure Your Settlement Payments. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements, index linked structured settlement payments and market based structured .
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    Structured attorney fees is a financial strategy that offers a unique way to defer taxes for lawyers and law firms. Lawyers CAN structure their legal fees even if the plaintiff doesn't structure their settlement. There are multiple ways to structure your attorney fees, such as the an index linked structured settlement where payments are adjusted based on upside changes in the S&P 500 with no downside and a cap of 5%. Trial Lawyers may also use a special deferred pay/deferred compensation arrangement, if market based returns returns are desired with no cap. Plan NOW for year end! Put structured attorney fee expert John Darer® on your settlement planning team.
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    What does a Structured Settlement Lock-In Mean? How do plaintiffs, defendants and insurers benefit from a structured settlement quote lock in when finalizing a settlement? How does the defendant/insurer/court benefit from using a structured settlement lock-in? Where to be careful when using structured settlement lock ins.
  • What Are Structured Settlement Annuities?
    Structured settlement annuities are annuities that can provide one or more customized annuity payment streams in a single contract. Read about structured settlement annuities here.
  • History of Structured Settlements
    Tracing the roots of structured settlements history from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as a core personal injury settlement planning tool to the present day.
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Qualified Settlement Funds

  • What is a Qualified Settlement Fund?
    Qualified Settlement Funds | What You Need to Know
  • Firmwide Qualified Settlement Funds Debunked
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Structured Settlement Best Practices Corner

  • New York Insurance Advertising law requires the full name of the Insurer to be listed along with the city and state of the principal office. Stating that you represent these fine companies using Insurance company logos without the preceding information are also illegal
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