Sell My Annuity

Written by Josh Dodes

How can I sell my annuity? Unsurprisingly, this is a question rarely asked by investors who elect to purchase annuities in the first place. However, if you have been awarded annuity payments as part of a structured court settlement, this question might be important, and even pressing.

Happily, there is a straightforward answer. If you know where to look, you can now find utterly reputable annuity buyers who are willing to negotiate a lump-sum payment in exchange for the rights to your smaller, long-term annuity payments. Such a sale, if judicially approved, can benefit not only you, but also savvy long-term investors who are interested in buying your settlement from these annuity experts at terrific prices.


How Quickly Can I Sell My Annuity?

In addition to, how can I sell my annuity?, another critical question plaintiffs often ask is, how quickly can I sell my annuity? The answer is that the entire process, from the initial contract to judicial approval (based on a judge's appraisal of whether the terms are in your best interest), usually takes at least 90 days. Reputable companies will always acknowledge this up front; conversely, less reputable companies are far more likely to promise something more akin to an undeliverable "overnight" payment.

Whether you are hoping to sell an annuity for short-term gain or buy an annuity for long-term gain, the key to protecting your financial future is information. Take the time to do as much research as you can. And then--and only then--consider whether selling or buying a settlement payment from an annuity transfer expert is in your best interest.


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