Capital Planning INC - Structured Settlements
Capital Planning INC. is a settlement annuity company that was founded in 1981 in Minneapolis, MN. They are one of the oldest structured settlement companies on the market, and have the distinction of being one of the founding members of the National Structured Settlement Trade Association. They specialize in buying and selling structured settlements, and also offer a number of other services to their clients. These other services range from mediation to expert testimony.
Selling a structured settlement is a bit different from other financial transactions, and it is something that should be carefully considered. Structured settlements usually arise out of a court decision for an injury or lawsuit. If you rely on your structured settlement for your regular income, then selling it may not be in your best interest. It is important to talk to a qualified financial advisor when determining how selling your structured settlement or annuity can impact your financial future, as well as that of your family and loved ones.
Capital Planning INC.'s website is a very basic affair, which can be refreshing given the sometimes overly elaborate presentations that you can find in the structured settlement industry. Its layout is clear, and it offers all the information that you would want on their services and products, as well as their qualifications and certifications. It outlines the steps for selling your structured settlement, as well as the different types of structured settlements and annuities they purchase.
It is important to note that there are some kinds of structured settlements that you may not be able to sell, and you should call Capital Planning INC to find out more information if you have questions about your specific structured settlement or annuity. You should also note that because of the nature of structured settlements, it can take a number of weeks for the sale to go through. Additionally, because the structured settlement or annuity was the result of court action, you will need a judge's approval to sell it. Some states may also require you to retain a lawyer to complete the sale, another cost that should be considered.
Something else that should be considered is the fact that you won't be getting the full value of your settlement if you sell it. This is because the buyer, in this case Capital Planning INC, will pay you a discount rate, which works similar to an interest rate in that it is how the company is able to generate a profit on the transaction. Because of this you won't get as much money in the long term as if you had just taken the structured settlement payments. Talk to a qualified financial advisor to determine how selling your structured settlement will impact you.
Capital Planning INC seems to be one of the most venerable structured settlement companies around. It has a wealth of experience and has been an industry leader in many regards. The website has all the information you need, even if the look is a bit dated, and they have a solid reputation.