Why Do People Sell Their Structured Settlements?
There are plenty of people who receive structured settlements, and some of them are happy with getting
that set amount each month. But some of them decide that they aren’t happy with waiting for the money,
they want it right away.
There are a few reasons why people decide to sell their structured settlement in order to get their
money in one lump sum.
1. Money for emergency – One reason that people sell
structured settlements is that an emergency comes up,
like a needed operation. No one knows when something
might come up for themselves or for a member of their
2. Money to invest – Another reason is that they want
to invest some of the money. If the stock market is in
good condition, they might choose something to invest
in with the money they get from the lump sum
3. Money to spend – Something that people who have
received a structured settlement want to do with a
lump sum is to buy a house, or maybe take a trip.
4. Money for the future – It’s sad to say, but
sometimes people who are receiving a structured
settlement have a shorter lifespan because of their
injuries, so they want to make sure that their family
is taken care of.
No matter what people choose to do with the money they receive from selling a structured settlement, some people find that this is the right choice for them.