Speak with a Structured Settlements Specialist: (866) 744-9935
Q: What is a structured settlement?
A structured settlement is structured cash payment set up to provide payments through an annuity arrangement over time to recompense injury victims for their losses. ^ Top
Q: When are structured settlements used?
Structured settlements are set up for many types of cases, including:
- Severe injury with long-term treatment requirements in which medical costs will necessarily be incurred, and to make up for living and family expenses.
- Worker’s compensation cases.
- Permanent or temporary disabilities.
- Wrongful death cases.
- Guardianship cases where there are minor children or handicaps. ^ Top
Q: What are the benefits of a structured settlement?
Structured settlements have many benefits, including:
- Payments guaranteed — All annuity payments are guaranteed by contract with a rated life company.
- Payments protected — A structured settlement removes from the annuant the responsibility and risk of managing a lump sum of cash.
- Payments tax-excempt — All annuity payments are excluded from gross income pursuant to Section 104 (a) of the Internal Revenue Code.
- Payment flexibility — Annuity payments can be set up to be distributed monthly, quarterly, semi-annually, annually, or in any manner that would best suit the needs of the annuant. ^ Top
Q: When were structured settlements created?
Structured settlements were created in 1982 by a bipartisan coalition of legislators in Congress. The Periodic Payment Settlement Act of 1982 (Public Law 97-473), formally recognized and encouraged the use of structured settlements in physical injury cases. ^ Top
Q: Can I sell my structured settlements payments?
Yes. You can sell your structured settlement payments. However, some in some states you are required to meet certain prerequisites for courts to approve the sale. ^ Top
Q: Can I sell a portion of my annuity?
Yes. Frequently, partial buyouts are the best option for our customers. We provide our customers with various alternatives to help them: determine how much of their annuity they should sell and build a transaction that provides the most flexibility possible. ^ Top
As annuities come with many different features, the easiest way to find out if your annuity qualifies is to give us a call at 1-866-744-9935. ^ Top
Holding an annuity has its benefits, however, a lot of people choose to sell their annuities for different reasons including: investing, estate planning strategy, to start a new business, pay off debt, make home improvements or to buy a car. ^ Top
Q: Can I sell my structured settlement to different companies?
Yes. You can sell portions of your structured settlement payments or annuities to different structured settlement buyers. ^ Top
Q: Do I have to pay taxes on the settlement money I receive for selling my structured settlement payments?
According to Section 104(a)(2) of the Internal Revenue Code, payments received for personal injury or sickness are not considered income and are not subject to tax. If you are receiving tax free annuity payments, the settlement money you receive from selling your sturctured settlement payments will be tax free.
Imperial Structured Settlements cannot provide financial or legal advice. We highly recommend that you consult this with a certified financial planner that knows enough about the federal rules governing structured settlements. ^ Top
Q: Can I sell my structured settlement payments if I am in bankruptcy procedings?
If you are in bankruptcy procedings, settlement companies can provide you with a settlement purchase quote as long as your bankruptcy procedings have not been discharged. Please let your annuity purchaser know about any bankruptcy proceedings before requesting a quote. ^ Top
Q: What are the risks of selling my structured settlement payments?
There are no risks. Structured settlement companies are required by the court to perform its obligations. ^ Top
Q: Can I sell my structured settlement if I am a minor child?
No. If you are a minor children you do not have legal capacity to sell your structured settlement payments without the intervention of a litigation or personal property guardian.^ Top
Q: Can I sell my workers compensation payments?
No. If you receive annuity payments from workers compensation cases, you are not legally allowed to sell your structured settlement annuity. ^ Top
Q: What documents are required?
We will provide you with the necessary documentation to complete the transaction; generally, we will need from you an executed annuity contract, settlement agreement and proper identification.^ Top
Complete the online form on the top right of this page or Call 1-866-744-9935. ^ Top
Q: What makes Imperial's quotes unique?
Imperial Structured Settlements is one of America's most trusted annuity purchasers, helping people with needs for funds since 2006, offering a lump sum of cash to customers who hold assets in the form of structured settlements and annuities. When you receive a quote from Imperial to sell your structured settlement payments, you have peace of mind knowing that you will be funded by a respected structured settlement company and will we able to complete your sale and get your money fast. ^ Top
Q: What type of payments does Imperial provide?
Imperial Structured Settlements provides quotes on structured settlement annuity payments that are:
- Paid to you by an insurance company.
- A result of a lawsuit or insurance settlement.
- Not as a result of a workers compensation case.
We do not provide settlement quotes on:
- Workers compensation payments.
- Class action settlement cases.
- Pensions.
- Social security payments.
- Mortgage notes.
- Lottery.
- Pre-settlement cases.
- Viatical settlements.
- VA disability or pension. ^ Top
Q: How long does it take to get a settlement money quote?
Once we conduct a careful review of your situation we can provide you a quote. Please call us at 1-866-744-9935 to receive a free, no-obligation assessment from one of our structured settlements specialists. Or, fill out the quote form on the top right of this page to have one of our structured settlements specialists contact you. ^ Top
Q: Can I get my quote via email?
Yes. After we receive the proper paperwork and review your situation, we can certainly e-mail you a quote in just a few minutes. ^ Top
Q: Can I request quotes from multiple structured settlement companies?
Yes. You can request quotes from different structured settlement companies to sell structured settlenent annuities. ^ Top
Q: Is the settlement money quote guaranteed?
Yes. The price quote you receive from Imperial Structured Settlement to buy yor structured settlement payments is guaranteed for a limited time. ^ Top
Q: Am I obligated to sell my annuity once I request a quote?
No. You are not obligated to accept our offer to buy your structured settlement payments. ^ Top
Q: Can I cancel the process after accepting a quote?
Yes. You may decide to cancel the process to sell your annuity after accepting an offer as long as you do it within the cancelation period stated in sale documents you receive from Imperial Structured Settlements. ^ Top
Q: How long will it take to receive my settlement money?
The time it takes to receive your settlement money depends on many factors, and each customer's circumstances are unique, so completion times may vary. But, it's our goal to get you your money as soon as possible. Some of our customers are able to receive their cash in under 45 days. ^ Top
No. There are no out-of-pocket expenses incurred by you when selling your structured settlement payments. All up-front costs, expenses and legal fees are paid directly by the funding source. ^ Top
Q: How can Imperial guarantee payment to me?
Imperial Structured Settlements is required by the court and a judge's order to perform its obligations. You are fully protected. ^ Top
We've made it easy for you to get paid, no matter where you are. The cash for your structured settlement payments is typically deposited directly into your bank account for instant access. ^ Top
The settlement money you receive from selling your structured settlement payments will have the same tax treatment as the payments you receive from your structured settlement annuity.
Imperial Structured Settlements cannot provide financial or legal advice. We highly recommend that you consult this with a certified financial planner that knows enough about the federal rules governing structured settlements. ^ Top
Q: How can I get cash for my structured settlement?
If you are receiving payments from a lawsuit settlement, you may be able to get your structured settlement payouts now. Please call us at 1-866-744-9935. ^ Top
Q: How does Imperial protect my privacy?
Your privacy is important to Imperial Structured Settlements. Because your privacy is our concern, we have developed this Privacy Policy to inform you about Imperial' s privacy practices. ^ Top
Q: What is the online quote for?
The fastest way to sell your structured settlement payments is by requesting an online quote from us. If you have your annuity documents and other information ready, we can review your situation and get you a quote in minutes. ^ Top
Q: Is Imperial Structured Settlements a lender?
Imperial Structured Settlements is NOT a lender and does not provide lending services directly to consumers. Based on the quote request customers submit, Imperial Structured Settlements contacts customers to conduct a careful review of their situations and determines if they qualify to sell their structured settlement or annuity payments. Submitting a free quote request at Imperial Structured Settlements incurs no cost. ^ Top
