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July 08, 2019

Six Ways AdvisoryHQ is a Fail On Structured Settlement Annuity Companies

by Structured Settlement Watchdog

AdvisoryHQ News Corp is a global news media and publishing institution that provides worldwide news coverage, publishes and distributes content for major news media companies, and prints independent reviews of top firms across different industries and sectors. They are headquartered in California.  But AdvisoryHQ really sucks at a high professional level, when it comes to structured settlements. 

AdvisoryHQ Failure on Structured Settlements 1

"If you have had any type of legal settlement, like medical or personal injury settlements, you probably are familiar with the term “structured settlement,” also known as a structured annuity"

AdvisoryHQ is incompetent and unreliable because a structured settlement is not a structured annuity. AdvisoryHQ confuses a form of settlement with a qualified funding asset. A structured settlement means that there has been a negotiated settlement between adversaries in a legal dispute in which part of the consideration includes an obligation to pay future periodic payments.  Once the parties have agreed to a structured settlement, the settlement agreement executed by the parties will provide that the future periodic payment obligation is assigned to a qualified assignment company (or non qualified assignment company depending on the damages that the payments represent). Then the assignment company will buy the funding asset with money paid to it by the Defendant or Defendant's insurer. If the matter was not in suit then the Respondent will make the qualified ( or non qualified) assignment,

AdvisoryHQ Failure on Structured Settlements 2

"A structured settlement is basically the money you receive for a legal settlement. For example, if you were in a car accident that the other person was at fault for, you would have settled in court. The money owed to you would be a structured settlement".

AdvisoryHQ is incompetent and unreliable because a structured settlement is the form of settlement not "basically the money you receive for a legal settlement".  Some settlements are not structured at all. Most structured settlements are NOT settled in court, they are "out of court" settlements. A structured settlement is not something awarded by a judge or jury. That's why it's called a settlement.

AdvisoryHQ Failure on Structured Settlements 3

"Personal injury settlements like these are known as a structured annuity because they are paid out over time, usually annually, rather than in a lump sum".

AdvisoryHQ is incompetent and unreliable because personal injury settlements themselves are not known as a structured annuity. Furthermore, the term structured annuity has been co-opted by the writers reporting about index linked annuities, most notably Scott Stolz of Think Advisor [The ABC's of Structured Annuities October 25, 2018]. Lastly AdvisoryHQ has got it wrong by saying that structured (settlement) annuity payments are usually annually. Based on over a quarter of a century of personal experience and a brief Friday afternoon canvassing of several life insurers that issue structured settlement annuities, the most frequent mode of payment is monthly.

AdvisoryHQ Failure on Structured Settlements 4

AdvisoryHQ is incompetent and unreliable because it uses the term structured annuity settlement.  There is no such thing.

AdvisoryHQ Failure on Structured Settlements 5

"Structured settlement loans will give you your annuity payment faster by borrowing against your settlement. To do this, you go through structured settlement annuity companies that will give you a loan for the amount you need. Then, you receive your money from structured settlement annuity companies in the form of a lump sum, minus any company fees. These companies will work with you to handle the case in court, since you will need to explain to the judge your reasoning for selling your structured settlement annuity"

AdvisoryHQ is incompetent and unreliable because the companies they cite as structured settlement annuity companies are in fact factoring companies. not structured settlement companies The recipient of structured settlement payments cannot sell the annuity funding their structured settlement payments. because the annuitant does not own the annuity. The annuitant may however, sell the rights to receive some or part or all of the structured settlement payments.

AdvisoryHQ Failure on Structured Settlements 6

States fees of J.G. Wentworth and structured settlement factoring companies are 9-15% of settlement. This a range promoted on the website of the National Association of Settlement Purchasers, however the reality is that rates much lower than 9-15% may be available to sellers who shop around. Given that Advisory HQ has quoted the higher range begs the question about who butters their bread. 

Personal injury settlements like these are known as a structured annuity because they are paid out over time, usually annually, rather than in a lump sum

Read more at AdvisoryHQ: https://www.advisoryhq.com/articles/best-structured-settlement-companies/

f you have had any type of legal settlement, like medical or personal injury settlements, you probably are familiar with the term “structured settlement,” also known as a structured annuity. Still, they can be a bit confusing, even if you have one.

A structured settlement is basically the money you receive for a legal settlement. For example, if you were in a car accident that the other person was at fault for, you would have settled in court. The money owed to you would be a structured settlement.



Read more at AdvisoryHQ: https://www.advisoryhq.com/articles/best-structured-settlement-companies/

A structured settlement is basically the money you receive for a legal settlement. For example, if you were in a car accident that the other person was at fault for, you would have settled in court. The money owed to you would be a structured settlement.

Personal injury settlements like these are known as a structured annuity because they are paid out over time, usually annually, rather than in a lump sum. Some lottery winnings are paid out this way, too.

Structured settlement annuity tends to be more beneficial financially than receiving a lump sum. A structured annuity settlement gives you your money over time, so there is less risk of spending the money quickly, and you will not be responsible for the taxes that come with it.



Read more at AdvisoryHQ: https://www.advisoryhq.com/articles/best-structured-settlement-companies/

A structured settlement is basically the money you receive for a legal settlement. For example, if you were in a car accident that the other person was at fault for, you would have settled in court. The money owed to you would be a structured settlement.

Personal injury settlements like these are known as a structured annuity because they are paid out over time, usually annually, rather than in a lump sum. Some lottery winnings are paid out this way, too.

Structured settlement annuity tends to be more beneficial financially than receiving a lump sum. A structured annuity settlement gives you your money over time, so there is less risk of spending the money quickly, and you will not be responsible for the taxes that come with it.



Read more at AdvisoryHQ: https://www.advisoryhq.com/articles/best-structured-settlement-companies/

Buttering bread

Posted at 12:53 AM in Misinformation About Structured Settlements, Structured Settlement Factoring News, Structured Settlement Watchdog® |

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Guide to Structured Settlements 2023

  • What is a Structured Settlement? What You Need to Know
    Structured settlements and what you need to know about them including a helpful introductory video featuring 2023 A.M. Best Client Recommended Structured Settlement Expert and Registered Settlement Planner John Darer® of 4structures.com® LLC
  • How Do Structured Settlements Work? How Structured Settlements Work
    How structured settlements work, including 4structures.com LLC's super helpful structured settlement flow chart/diagram showing how structured settlements fit in on the spectrum of settlement planning solutions.
  • Rated Ages and Structured Settlement Cost
    Rated Ages for Structured Settlement Annuities present advantages to all parties. Shift the mortality risk to a life insurance company whose business it it is to assess mortality risk to price its life insurance and annuities. Rated ages boost your structured settlement annuity benefit per premium dollar, or your yield on lifetime payments. Rated ages help to reduce the cost of funding a Medicare Set Aside arrangement where a Structured MSA, is being used { WCMSA LMSA or NFMSA].
  • Structured Settlement Annuity Companies 2023
    Which life insurance companies issue structured settlement annuities going into 2023? 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.
  • Compare Structured Settlement IRR to Other Settlement Alternatives
    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
  • Structured Settlement Payments | Types of Structured Settlements
    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 .
  • Structured Attorney Fees for Tax Deferral for Contingency Fees
    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.
  • Structured Settlement Annuity Company Customer Service Phone Numbers
    Receiving structured settlement payments from your own structured settlement or inherited structured settlement? You'll like this huge time saver. Click the title for a link to a comprehensive list of customer service telephone numbers that includes both current AND former structured settlement annuity issuers and reinsurers. If you have simple bank or beneficiary changes, or if the insurance company that issued the structured annuity has merged, sold or spun off its block of structured annuity business (e.g. Aviva, Allstate, Transamerica, AEGON, GE Capital, Liberty, CNA, Confederation Life) or changed its name and you're trying to track them down, here you go! The list is regularly updated. Last updated September 14, 2023
  • Structured Settlement Quote Lock-Ins | What You Need To Know
    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.
  • What Are Market Based Structured Settlements?
    Market based structured settlements are an alternative or supplementary structured settlement solution for the plaintiff, attorney or law firm that: 1. Can afford to take some market risk 2. Have discretionary settlement dollars. Claimants and attorneys alike may find that market-based structured settlements provide the opportunity to receive tax-free income, or tax-deferred income, while enjoying growth potential.
  • iStructure |Uncapped Fixed Index Structured Settlement Annuity
    iStructure is an innovative game changing fixed index structured settlement annuity for plaintiffs or attorneys. with an intermediate to long term horizon

Qualified Settlement Funds

  • What is a Qualified Settlement Fund?
    Qualified Settlement Funds | What You Need to Know
  • Firmwide Qualified Settlement Funds Debunked
    Firmwide qualified settlement funds have been heavily promoted to trial lawyers, but have been debunked in a detailed analysis in a July 2022 legal opinion a tax partner at the law firm of Faegre Drinker Biddle & Reath, LLP. Trial lawyers and firms who have established Firmwide QSFs or coinsidering establishing a Firmwide QSF should read the analysis as part of their evaluation.

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