Why would I consider selling my structured settlement?

Absolutely, the decision to sell a structured settlement is a personal one and is typically motivated by a need or desire for a larger sum of cash on hand, rather than receiving smaller payments over a long period of time. While structured settlements guarantee long-term income, life is unpredictable and sometimes presents us with immediate financial demands that these payments can't cover.

The reasons for considering selling a structured settlement may include, but are not limited to:

1. Paying off Debts: A significant lump sum can allow you to pay off debts or loans that have high interest rates, and thus could save you money in the long run.
2. Covering Medical Expenses: If you have mounting medical bills due to an unexpected illness or injury, getting a lump sum can help you pay these off and avoid further stress or financial consequences.
3. Investing in Education: You might decide to go back to school or support a child’s college education. The lump sum can cover tuition fees, books, living expenses, and more.
4. Home Improvements or Buying a Home: Whether you want to buy a new home, or need to make significant repairs or modifications to your existing home, having a large amount of cash on hand can make this possible.
5. Starting a Business: If you've been wanting to start your own business, the lump sum from selling your structured settlement can serve as the seed money.
6. Investing for a Better Return: You may feel you can make your money work better for you if it's invested elsewhere, particularly if you have a financial advisor or are savvy with investments.

However, it's important to note that selling a structured settlement should not be taken lightly. It's highly recommended to consult with a financial advisor and a lawyer to understand the potential benefits and consequences before making a decision.