Structured settlement factoring transactions necessarily involve selling payments from a non-taxable personal injury settlement. However, other types of annuity payments can also be sold. Most commonly these are structured attorneys’ fees and single premium annuities. When attorneys settle large cases, typically personal injury contingent fee cases, they can choose to have their fees structured or paid out over time, instead of receiving them in a lump sum at settlement. The decision to take these payments over time can be driven by a desire to defer paying taxes, provide retirement funds, or a variety of other considerations. Whatever the reason, sometimes circumstances later change, or unforeseen issues arise. When that happens, these future payments can be sold. Similarly, some people buy single premium annuities as an investment or retirement vehicle, and these annuities can pay deferred or immediate regular income payments. Should the reasons for buying these annuities change, these future payments can also be sold. Mark Wahlstrom of the Legal Broadcast Network recently interviewed me on how these types of payments from annuities can be liquidated. Part 1 of that video interview is available below, and part 2 will be posted next week. I encourage you to watch this video and contact me or Kirk Hughes if you should have any questions.