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Category Archives: Eugene Ahtirski

Annuity Issuer and Structured Settlement Obligor

. Block 17.4 Article 2.3 Transfers of Structured Settlement Payment Rights   Annuity Issuer and Structured Settlement Obligor Not Required to Divide Payments   10139.3(e) states, “Neither the annuity issuer nor the structured settlement obli…

Buyer’s first right of refusal

By AFG Newswire Sept. 14, 2014 11:00 a.m.   What is Meant by “Buyer’s first right of refusal” in Structured Settlement Transfers   This is a clause written in the insurance code around 1999 under “urgency legislation” by Congress in an effort to protect the consumer.  Be grateful it is in the code, it protects you, and gives you the freedom to do business with whomever you want.   Before 1999, and for about 20 years, when a person would enter into contract with a Company, for example, Company “A” to sell part of their structured settlement, Company “A” would […]

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Structured Settlement Attorney

What is a Structured Settlement Attorney? Well lets break it down, a structured settlement attorney is an attorney is one who only represents structured settlement cases. When most people think of a structured settlement case, they first think of  a personal injury case. Although they do not know it, but the fact is that is a personal injury attorney, not a structured settlement attorney. confused from the personal injury attorney is the one settling the case to get a structured settlement. When i talk of structured settlement attorney, i am referring to an attorney that  assists in the transfer of a structured settlements.Sometimes referred to as an independent professional advisor. The […]

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The New Jersey Structured Settlement Protection Statute

The New Jersey Structured Settlement Protection Statute NEW JERSEY PERMANENT STATUTES TITLE 2A. ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE Current through P.L.2002, c.33 § 2A:16-63. Short title. This act shall be known and may be cited as the “Structured settlement Protection Act.” L.2001, c.139, s.1, eff. Aug. 1, 2001. § 2A:16-64. Definitions relative to structured settlements. For the purposes of this act: “Annuity issuer” means an insurer that has issued a contract to fund periodic payments under a structured settlement. “Dependents” includes a payee’s spouse and minor children and all other persons for whom the payee is legally obligated to […]

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10 Steps to sell structured settlement

I have been thinking about this for a while now, basically there are people out there who have structured settlements and have never sold a portion of them and have no idea that you can, or how to sell a structured settlement. On the opposite side I kn…

WHAT EVERY PERSON WISHING TO SELL A STRUCTURED SETTLEMENT

SELL A STRUCTURED SETTLEMENT In this every changing financial climate a person’s financial needs or wants can change dramatically overnight both as a result of the recession, and changing financial needs, many individuals with structured settleme…

Why Do I Need an Independent Professional Advisor?

Do I Need an Independent Professional Advisor? Only you can answer that. Well just like if you were buying a used car you would take it to a mechanic you trust. Selling your structured settlement is no different. The company buying the structured settl…