Boca Raton, FL, December 17, 2011 --(PR.com
)-- Purchasing a secondary market structured settlement annuity is a fairly simple procedure. It is suggested that before initiating the purchase, the buyer consult with a financial planning advisor or investment planning advisor who is highly trained and experienced specifically in the field of secondary market structured settlement annuities. This will allow the purchaser to ask any questions he or she may have prior to entering into an agreement to purchase secondary market structured settlement payments. It will also allow the financial or investment planning advisor to provide the purchaser with an appropriate settlement that will meet the purchaser’s financial needs.
Once you have spoken with a financial or investment planning advisor and have decided that a secondary market structured settlement annuity is the right choice for you, your advisor can then assist you, if you so choose, in deciding the specifics of your secondary market structured settlement annuity such as: How would you like to receive your payments? How long would you like the settlement to pay? There are numerous aspects to purchasing a secondary market structured settlement annuity that you can customize to suit your particular needs. These should be discussed extensively with your financial or investment planner.
Next, your advisor will search for a secondary market structured settlement that suits your particular needs. Once one is found, that particular settlement is reserved for you.
Now that you have a secondary market structured settlement reserved for you, it is time to provide your buyer information. It is required that you submit information that identifies you as someone who is permitted by law to make such a purchase.
Once your information has been collected and submitted, it’s time to execute an assignment agreement. This agreement will outline the terms of the transaction and payment(s) that you are purchasing. This agreement is required by law. You have 24 hours to execute the assignment agreement and return along with a $5,000 deposit per deal. You will then be notified of the court date for your transaction and the approval of the reassignment. Shortly after the approval, your transaction will be funded and closed. The entire reassignment process can take anywhere from 30-90 days to complete.
Once your settlement has been reviewed and approved by the court and the transaction has been funded, a closing binder containing all of the documents relating to your transaction will be provided to you. It is now time for you to sit back and enjoy your payment(s). That’s all there is to it.
MJ Structured Settlement Annuities, Inc. (MJSSA) is a national industry leader in re-assigning structured settlements, lottery winnings and secondary market structured settlement income annuities to individual investors, pension funds and charitable institutions. They have re-assigned millions of dollars worth of current and future payments to hundreds of satisfied customers at 100-300% greater rates of returns than comparable fixed rate investments.
MJSSA plays a vital role in assisting individuals and families create a more financially secure future with tax deferred structured settlement products which can help provide financial security and a worry-free lifestyle. All of this is done without the headaches, risks or volatility of an uncertain stock market. MJSSA’s products offer significantly higher rates of returns than comparable investments. If you are working with a Financial planning advisor, Retirement planning advisor or an Investment planning advisor to assist in planning your retirement (IRAs, 401ks, pensions etc.), your child’s education, or wealth management secondary market structured settlement income annuities may be right for you.
MJSSA representatives work closely with their clients to understand their needs and individual situations. They work hand in hand to create suitable nonvolatile scenarios using time-tested strategies in today’s complicated and challenging investment environment. Clients are enjoying the security of a guaranteed income stream over pre-defined periods of time while also enjoying higher rates of return. Structured settlement annuities and lotteries are generally guaranteed by AAA to A rated Insurance Companies by Standard and Poor’s or the State Lottery Commission. Insurance Companies such as: The Hartford, ING, Liberty Mutual, Cigna, MetLife, and New York Life guarantee the annuity.
The professional and knowledgeable staff of MJ Structured Settlement Annuities has been with the company in excess of fifteen years. Each transaction is individually customized to MJSSA's client’s unique circumstances. Complete due diligence is performed on every secondary market structured settlement income annuity. Every structured settlement/lottery MJSSA offer is backed by a major Insurance Company or Government Treasury Strips.
MJ Structured Settlement Annuities, Inc. is located in Boca Raton, Florida and does business in the US, Florida, Broward County, Miami-Dade County, Boca Raton, FL, Miami, FL, Coral Springs, FL, Palm Beach County, FL, Long Island, NY, Westchester County, NY, Nassau County, NY. Visit their website at www.MJStructuredSettlementAnnuities.com.