Why do people sell their structured settlements?

There are plenty of people who receive structured
settlements, and some of them are happy with getting
that set amount each month. But some of them decide
that they aren’t happy with waiting for the money,
they want it right away.

There are a few reasons why people decide to sell
their structured settlement in order to get their
money in one lump sum.

1. Money for emergency - One reason that people sell
structured settlements is that an emergency comes up,
like a needed operation. No one knows when something
might come up for themselves or for a member of their
family.

2. Money to invest - Another reason is that they want
to invest some of the money. If the stock market is in
good condition, they might choose something to invest
in with the money they get from the lump sum
settlement.

3. Money to spend - Something that people who have
received a structured settlement want to do with a
lump sum is to buy a house, or maybe take a trip.

4. Money for the future - It’s sad to say, but
sometimes people who are receiving a structured
settlement have a shorter lifespan because of their
injuries, so they want to make sure that their family
is taken care of.

No matter what people choose to do with the money they
receive from selling a structured settlement, some
people find that this is the right choice for them.