What are structured settlement payment streams?
Payment streams, derived from personal injury litigation, paid as annuities by A-rated insurance companies. Settlement payment recipients exchange their rights to future payments for the discounted present value of the payment stream in order to invest in business, eliminate debt, purchase homes, cover education expenses, etc. Annuity Transfers purchases these payment streams at a discount and offers them to interested investors. 2. Are these payment streams legally assigned to individuals after purchase by Annuity Transfers? Yes. Annuity Transfers purchases the payment rights pursuant to state and federal law which regulates the industry. Courts approve the purchase and sale of the payment stream, finding the transaction to be in the best interest of the seller (former payment recipient). Insurance companies are ordered (via a formal court order) to redirect payments to the legal payee, and the purchaser may then redirect them further still. Investors take possession of the payment st