Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
The STRUCTURED SETTLEMENTS 4REAL® Blog is a highly regarded source for structured settlement news, information, and commentary, led by structured settlement and settlement planning subect mater expert John Darer CLU ChFC MSSC CeFT RSP CLTC. With two decades of operation, the blog and 4structures.com are recognized as comprehensive resources, offering detailed guides and specialized insights. Established in 2005, the blog caters to a broad audience, including legal professionals, injured individuals, families, and various stakeholders, providing reviews and opinions on settlement planning. John Darer, President of 4structures.com LLC, is a seasoned structured settlement expert with over 40 years of financial services experience and 31 years specializing in structured settlements. Based in Stamford, CT, he is a Certified Financial Transitionist and Registered Settlement Planner, holding insurance licenses in 45 states and the District of Columbia. John Darer is dedicated to transparency and advocacy, he emphasizes the importance of engaging trained and licensed professionals for settlement planning, offering valuable insights through his investigative journalism and professional commentary.
Structured settlement payees seeking to cash in some of their structured settlement payments, may be bewildred with the mandatory court approval processBest interest determination
Court approval is necessary to get your money early under the structured settlement protection acts in all 50 states and the District of Columbia
Without Court approval, under Federal law, the purchaser of your structured settlement payments rights would incur a 40% excise tax* on the discount rate charged to you.
The general purpose of the court approval process is to make sure that the structured settlement transfer is in your best interest
There have been one too many stories of annuitants who have sold structured settlement payments and been taken advantage of during the structured settlement tranfer process or after money was disbursed.
Part of the process may include making sure that you have a clear plan.
If you have sold before, the judge may check to see what happened to the lump sum for structured settlement money you received last time the last time.
Did you really do what you said you were going to do with the money you received?
There’s an old saying that “people don’t plan to fail, they fail to plan”
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