"Voters don't decide issues, they decide who will decide issues."George Will
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The Time Value of Money
Life is about decisions, whether they relate to your work, business or personal life. Often ignored is the interplay between all these areas, and the fact that a little interdisciplinary thinking can go a long way. This might sound obtuse, but many ...
To Factor or Not to Factor?
The purchasing of accounts receivable (invoices) is generally known as factoring. Businesses can sell their invoices to companies known as factors. Although not all businesses are familiar with factoring, historians claim that factoring dates back to the ...
When to Sell Your Structured Settlement
A structured settlement often follows a life changing incident, whether it be positive or negative. Due to these circumstances, you may be faced with the need for a large lump sum payment rather than small monthly payments over a number of years. ...
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A prospective seller of a structured settlement payment is better served utilizing the services of a structured settlement broker rather than approaching a buyer directly. The same is true for an individual who is about to come into a large sum of money via a structured settlement payment. This is because with a broker mediating a deal, it works out best for all the parties involved.
While selling a structured settlement, taking help from a broker is recommended as a broker maintains professional contacts with several underwriters and is thus in a position to offer the best deal to a seller. One should ensure that the broker is not working exclusively for a selected few underwriters as it may result in lower lump sum payments.
A seller can take help from an attorney who has had past dealings with structured settlement brokers and knows the right questions to ask. One should focus queries on the cost of the process and time involved.
The broker should be experienced enough to handle the intricacies of a structured settlement and variables affected by individual situations. This ability makes an experienced broker a valuable asset in ensuring that the settlement process takes place fast and efficiently. The brokers should also possess all the means of communication so that time is not lost and there is less paper clutter at the client's end.
A structured settlement broker can provide an indication of the costs and time involved in selling a structured settlement. The broker's inputs will be useful in deciding the right amount of payments to sell. Alternatively, when an individual is obtaining a structured settlement payment through an out-of-court settlement or lottery winnings, the broker analyses the best possible payment scenario for his client after understanding his concerns. This helps the beneficiary in availing the settlement payments in the best possible manner. The broker's efforts also involve imparting tax-planning and investment advice to his clients.
Ideally, the structured settlement broker should be registered with the Department of Justice, be registered in a state of America, and with one insurance company at least. Brokers should be insured against errors and omissions and should have a reputation for fair dealing.
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 The Quartet's Hypocrisy and Failure in Occupied Palestine (Baltimore Chronicle & Sentinel)
The Middle East Quartet includes the US, EU, Russia and the UN. It was formed in 2002 to seek "comprehensive security reform," mediate the Israeli-Palestinian "peace process," address Occupied Palestine's deepening humanitarian crisis, among other stated objectives.
David Miller Appointed Chief Executive Officer of J.G. Wentworth (Business Wire via Yahoo! Finance)
BRYN MAWR, Pa.----David Miller has been named chief executive officer of J.G. Wentworth effective January 5, 2009, according to Randi Sellari, president and chief operating officer of the company.
DGAP-News: IDCG Launches Clearinghouse for OTC Interest Rate Swaps (Financial.de)
The NASDAQ OMX Group, Inc. / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement.
IDCG Launches Clearinghouse for OTC Interest Rate Swaps (GlobeNewswire via Yahoo! Finance)
NEW YORK, Jan. 6, 2009 -- International Derivatives Clearing Group, LLC , a majority owned, independently operated, subsidiary of The NASDAQ OMX Group, Inc., today announced the official launch of its clearinghouse.
Urbana school volunteering strong; more helpers sought (The Champaign News-Gazette)
URBANA – Between September and December 2008, volunteers contributed about 9,000 hours of free labor to Urbana schools. At the Tuesday meeting of the Urbana school board – held at 7:30 p.m. at 205 N. Race St., U – Barbara Linder, the school district's community connections coordinator, will talk about volunteering in the district.
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