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Can You Take Out Part of a Structure Settlement?

This is probably one of the most commonly asked questions. A lot of people assume that you have to sell all of your structured settlement in order to receive a lump sum. This is not true! You can absolutely sell a portion of your settlement now and keep the rest of the payments coming later. Sometimes, this is the best way to do it! If you only need a small amount of money now but more than what you’re receiving monthly or annually, selling a few months or a few years of payments could definitely help you out in the present time. Some companies will try to make you sell all of your settlement so they get more money- don’t let any company tell you otherwise! Ultimately, it’s your money and you can do whatever you want with it. Just remember to shop around and get multiple quotes for selling your settlement or annuity so you can get the best return possible!