Recent content by WECpoker

Again..thanks for discussion One thing I didnt mention is you can actually request payment 12 months in advance, so that changes things at least a little. But Im sure no person would buy it if the annuity was not paid directly to them (and I wouldn't blame them). There are two ways to have...

Cant break contract and Genworth says only thing I can do is sell it to person or entity at this point. No ones fault at structure...was handed to me now I have to make the most sensible financial decision with it :) Appreciate all your comments everyone...

Nice reply Tom What are the offers from those in the business of buying fixed payment streams They are basically offering between 30K 50K max..prolly would strongly consider at 74K..that is much more fair to both parties imo. Although I am looking for 80K to 90K...74 is in realm of...

Hi I received an immediate 19 year annuity that pays $9,000 per year in May of each year (next payment 2010--total of payments $171,000) written by Genworth Insurance. The Present Value in May was calculated at $113,000. I am trying to sell this annuity at a fair discount so I can receive a...