Formula to Sell Annuity

From time to time we receive inquiries asking what is the formula to sell annuity payments? This is really a question with two different answers. There is not an actual formula to sell annuity payments – there is a formula to calculate the value of your payments and then a process to complete a transaction.

Formula
A formula is used when calculating the value of your future payments. “Factoring” companies like Stone Street Capital will calculate how much your payments are worth in lump sum cash. The primary “formula” would be to calculate the “future value” of your remaining payments. In its simplest form these means that the value of $100 dollars today is greater than the value of $100 ten or twenty years from today. This is do to multiple factors including the cost of money and inflation which may increase the cost of the same goods and services over time making the $100 today able to buy more than $100 in the future.

To find out how much your future annuity payments are worth in lump sum cash call a Stone Street Capital representative today at 1-800-LUMP-SUM.

Process
To address the second part of the question there is a process to selling your payments. There is no exact timeline but on it takes 90 days to complete a transaction from start to finish. The following are the typical steps involved:

1. Determine what your needs for cash are and if you want to sell all or only some of your future payments for cash. Our representatives will walk you through your options and provide a free quote for your payments.

2. Once you decide how many payments you wish to sell, Stone Street Capital will mail you a formal contract that you will review and sign. You will be in contact with your Account Representative that will assist you with the paperwork and answer any questions you have. You will return the signed contract with any required supporting documentation.

3. Stone Street Capital will begin processing your transaction that will include scheduling a court date. All structured settlement buyout transactions require a judge’s approval. Stone Street Capital will handle all the logistics and guide you through the process.

4. Once the request is approved by the judge we will complete the final steps and send you a check or a wire. From time to time we have requests for cash prior to when the courts can hear the request. We handle these requests on an individual basis but will provide a cash advance when it meets our requirements and needs of the individual.

1-800-LUMP-SUM
(800-586-7786)
Free Call. Free Quote.