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Do I have to pay taxes on my structured settlement?
Asked by unknown
1 Answers
The short answer is typically no. The tax status of your structured settlement payments is set when your settlement issuing company structures the settlement and rarely changes. Money you receive from a personal injury or medical event isnt considered income and so it isnt taxed like income, according to Section 104(a)(2) of the Internal Revenue Se
How long does it take to get money?
Asked by unknown
1 Answers
45-90 days. Getting all the necessary documents turned in quickly can expedite the process, but for the most part scheduling the court appearance is the biggest variable in how long it takes. If you need money faster and you qualify, you may be eligible to receive a cash advance in a matter of days.
Will I have to sell all my future payments?
Asked by unknown
1 Answers
No, In most cases its in your best interest to only sell a portion of your future payments.