Annuities Blog

Wellesley, MA, January 7, 2016 Bulbrook Drislane Brokerage, one of the leading independent structured settlement distributors, today commented on the Maryland Court of Appeals’ final ruling concerning structured settlement reform as well as ongoing Congressional Committee oversight. The new rules arose from recent scrutiny of the predatory treatment of victims of lead paint poisoning by certain structured settlement factoring companies. While we do not buy structured settlements directly from injured parties, we offer the following commentary: Bulbrook Drislane shares the view of legislators, regulators and many others in condemning the predatory practices exposed in Maryland. There is no room in ...
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We've heard about the importance of diversification, but what does that really mean? Traditionally, people's portfolios were allocated in some percentage between equities and bonds. As people grew older, the percentage that was allocated towards bonds increased as a percentage. That worked for many people, but fortunately, what's happened over the last few years, and will probably continue for the future is that equities tend to all react the same. The market goes up, all equities go up. The market goes down, all equities go down. This is very frustrating. It reinforces the importance of diversification. But the question still ...
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InForce™ income payments available from an existing policyholder of Connecticut General Life Insurance Company for purchase at a discount really fit their particular needs. The income payments start at $3000/mo in 12 years and in the 17th year increase to $8000/mo for 20 payments totaling $340,000. At an interest rate of 4.90%, the purchase price is $161,229. Who is this deal well suited to? Let me introduce you to Tom and Mindy. Tom and Mindy have a wonderful life and beautiful children that adore them and look up to them.  They know it is important to have a financial plan ...
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Immediate annuities are a great choice when looking for a way to secure your financial future but they are not right for everyone. Here are 3 tips to help you decide if an immediate annuity is the right choice for you and your family: Age If you are very close to retiring or have already retired, and are looking to have immediate income, an immediate annuity could be a fit for you. When an immediate annuity is purchased the payments are level for your lifetime. So, for example, if you invest $100,000 at age 56, you will get a lower ...
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In-Force™ Fixed Term Annuity available from an existing policyholder of New York Life at a discount.. The payments start now at $847.00 each month, increasing each year by 3%, so that by the last payment in the 25th year the payments have reached $1828.70 per month for total payments of $394,126. At an interest rate of 5.25%, the purchase price today of all of these payments is only $201,316. Who this this deal best suited for?  Let me introduce you to Mabel and Chuck. Mabel and Chuck are 58 years old.  They have been married 25 years and have 2 beautiful children ...
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Choosing an annuity can be difficult.  There is so much to know and learn about and it can all seem like it is over your head.  Having a trusted advisor that can help you in determining what is best for you can be priceless.  Whomever you choose as your advisor should be knowledgeable, communicative, and truly care about you and helping you to reach your end goal. There are two basic types of deferred annuities - fixed annuities and variable annuities. Fixed Annuities guarantee your money will accumulate at a minimum specified rate of interest. A fixed deferred annuity always contains ...
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DECEMBER 11, 2013 BY JOHN BULBROOK You have worked hard through your lifetime building up assets. Now you need to take precautions to protect those assets. If you are considering purchasing a Pre-Owned Annuity™ you need to find one that meets your needs. Your financial situation could change over time, so it is important that you review and understand contracts to decide if they are still the right fit for your situation. Here are 10 tips you need to be aware of when looking to purchase a Secondary market Annuity (Pre-Owned Annuity™) 1. Can potentially provide above average returns for ...
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As the year comes to a close, it is time for you to take a look at the financial choices you have made and see if they are still working for you in light of any life changes you have had. Did you know that annuities add value in addition to supplementing your retirement income?  They help you prepare for the future and what lies ahead which in turn provides you with peace of mind when unexpected situations arise. There is an option of having your annuity transfer to a nursing home or disability center if you ever need it ...
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When you buy a secondary market annuity, you are buying the rights to contractually guaranteed payments to you, and the issuing insurance company retains full ownership of the annuity. In order for you to buy the rights to the payments, a judge has to approve this contractual change of annuity benefits.  The issuing insurance company has to approve the transaction also since they are going to own the policy, and are agreeing to pay the benefits to you instead of the previous person receiving the payments. The process to finalize the purchase of a secondary market annuity can take as ...
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by Carolyn Ellis Ms. Ellis is Features Editor for LIFE&Health Advisor. Connect with her by e-mail: cellis@lifehealth.com  John Bulbrook is CEO of Bulbrook/Drislane Brokerage, a Wellesley, MA., wholesaler of life and annuity products. We talked with John about secondary market annuities, new to the retail arena for the safe money portion of a client’s portfolio. L&HA: What are secondary market annuities? JB: A good analogy is the New York Stock Exchange, a secondary market where you are buying stocks from somebody else rather than directly from, let’s say, Apple Computer. In the case of a secondary market annuity, rather than buying ...
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