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.
Individuals with structured settlements do not own the annuities that fund their structured settlements. They cannot sell what they do not own. Structured settlement annuities are generally owned by qualified assignment companies or non qualified assignment companies. In the less common so-called buy and hold cases, the buying and the holding is by the Defendant or insurance company.
But Annuity Expert Advice Said You Could Sell Your Structured Settlement Annuity?
Shawn Plummer, the proprietor of Annuity Expert Advice, has won the Canard of the Week multiple times for just this sort of “fupped duck” answer.
“Can I sell my structured settlement annuity to a third party without the court being involved? No, in most cases, the court must be involved when selling a structured settlement annuity. This is because you must first obtain court approval to sell your settlement payments legally”.
Shawn Plummer’s answer is wrong on the fundamentals
As previously stated if you are receiving structured settlement payments you don’t own the structured settlement annuity.
A Court cannot order or approve you selling something you don’t own
A Court must be involved only when you are attempting to sell structured settlement payment rights
If that’s what Shawn Plummer meant why all the muddled words?
We can all have a little laugh at a meme of a blow up duck to drive home a point, because when it comes to structured settlement annuity ownership:
Shawn Plummer is simply providing misinformation on the subject. I don’t think it is intentional
Shawn Plummer is simply not a structured settlement annuity expert, he’s an annuity content creator
Shawn Plummer appears to have no professional credentials for structured settlements at the time of publishing.
