Category Archives: IPA

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Trying to Sell Structured Settlement?

Category : IPA

SOX Act Slowing Up Public Companies, Trying to Sell Structured Settlement?

Yes, of course it does.  Even the best, well laid plans and software throughout the year to accommodate SOX, will still slow down a public company’s finance departments end of year reporting for transparency; along with the annual, glossy, end of the year SEC reporting as well.

 

SOX or the Sarbanes-Oxley Act of 2002, became into action in 2006 for the very first time mandated public companies in the U.S. to be audited by an independent third party CPA.  This is huge considering the NYSE has been in business since 1792.

 

The first time ever in 214 years, Congress has made public companies subject to even more regulation.  It happens in your lifetime.

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Is this a good or bad thing?  It depends on how you look at it.  Is the public company able to handle SOX and SEC reporting AND still cater to its clientele?

 

That’s a big question.  Some clients want companies they do business with to have more regulation and transparency.

 

Along with whether or not any officer of the public company has mistakenly made accounting errors, which could lead to $1 Million in fines and up to 10 years in jail, or purposely made accounting errors would lead to $10 Million in fines and 20 years in jail.

 

Violating the SOX Act is serious business.  You better believe an officer of Public Company “X” is probably not thinking too much of acquiring new clientele or about existing clientele with steep fines and jail time looming over

his head, if there are any mistakes in accounting.

 

On the bright side of business, there’s always private companies that have great venture capital funding, don’t need to go public, and they are waiting for your business.  Maybe they have too much business.

 

The advantages to private companies are that their business plan and finances remain private, and there’s no end of the year, glossy, annual report due to the SEC, nor are they subject to SOX reporting.

 

Private companies are required to produce accurate and current finance records, but nothing like what a public company must report.

 

Georgia-lottery-resultsThis way, a private company gets to spend more quality time; one on one with their clients; have more creative business plans, without having to answer to an entire group of shareholders that alter the business plan.

 

If you are trying to sell your structured settlement, consider the business climate, the economy, the company itself.  Is the company public or private?  Will they have the time to cater to you?  Call an Independent Professional Advisor.  Find out.  Call for rates.

Trying to Sell Structured Settlement?


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Merry Holidays

Category : IPA

Clifton_Mill_Christmas_2005Christmas or Christmas Day (Old EnglishCrīstesmæsse, meaning “Christ‘s Mass“) is an annual festival commemorating the birth of Jesus Christ,[7][8] observed most commonly on December 25[4][9][10] as a religious and cultural celebration among billions of people around the world.[2][11][12] A feast central to the Christian liturgical year, it is prepared for by the season ofAdvent or the Nativity Fast and initiates the season of Christmastide, which historically in the West lasts twelve days and culminates on Twelfth Night;[13] in some traditions, Christmastide includes an Octave.[14] Christmas Day is a public holiday inmany of the world’s nations,[15][16][17] is celebrated culturally by a large number of non-Christian people,[1][18][19] and is an integral part of the holiday season.

The celebratory customs associated in various countries with Christmas have a mix of pre-Christian, Christian, and secularthemes and origins.[20] Popular modern customs of the holiday include gift giving, completing an Advent calendar or Advent wreathChristmas music and caroling, lighting a Christingle, an exchange of Christmas cardschurch services, a special meal, and the display of various Christmas decorations, including Christmas treesChristmas lightsnativity scenesgarlands,wreathsmistletoe, and holly. In addition, several closely related and often interchangeable figures, known as Santa Claus,Father ChristmasSaint Nicholas, and Christkind, are associated with bringing gifts to children during the Christmas season and have their own body of traditions and lore.[21] Because gift-giving and many other aspects of the Christmas festival involve heightened economic activity, the holiday has become a significant event and a key sales period for retailers and businesses. The economic impact of Christmas is a factor that has grown steadily over the past few centuries in many regions of the world.

While the month and date of Jesus’ birth are unknown, by the early-to-mid 4th century, the Western Christian Church had placed Christmas on December 25,[22] a date later adopted in the East,[23][24] although some churches celebrate on the December 25 of the older Julian calendar, which, in the Gregorian calendar, currently corresponds to January 7, the day after the Western Christian Church celebrates the Epiphany. The date of Christmas may have initially been chosen to correspond with the day exactly nine months after the day on which early Christians believed that Jesus was conceived,[25][26] or with one or more ancient polytheistic festivals that occurred near southern solstice (i.e., the Roman winter solstice);[27][28] a furthersolar connection has been suggested because of a biblical verse[a] identifying Jesus as the “Sun of righteousness”.

Preferences, not surprisingly, are filtered through a political lens, with Republicans opposing “happy holidays” at the strongest rates and most consistently across the nation. Republican responses probably reflect opposition to political correctness as much as (and perhaps more so than) spiritual sympathies. Republicans as a whole (30 percent) outpace even evangelical Republicans (38 percent) in their anemic support for saying “happy holidays.”1

Since Christmas is such a public holiday — people put out displays and pass out cookies, and they feel compelled to wish people some version of merriment — it is no surprise that reactions to it vary across communities. Non-Christians and the nonreligious in states with large white Christian populations are the most likely groups to urge stores to adopt a “happy holidays” regimen. Support for “happy holidays,” however, drops dramatically for secular citizens in largely nonreligious states like Oregon. In these areas, the social stakes are low — Christmas is not an entre to conversations about what church you attend, but more about presents, ugly sweaters and Santa. In such nonreligious states, seculars’ support for “happy holidays” is the same as it is among evangelicals nationwide (48 percent).

The next time you hear or read a media dispatch about the war on Christmas, such as Texas Agriculture Commissioner Sid Miller’s threat to slap the next person who says “happy holidays” to him, realize that it does not reflect a national war but rather local skirmishes. There is no orchestrated war against saying “merry Christmas,” but it is important to recognize that Christmas can be a potent symbol that reflects intergroup tensions and signals exclusion to some Americans.

Merry holidays!


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Thanksgiving Feast

Category : IPA

Thanksgiving Feast or NATIONAL FEAST

The Continental Congress proclaimed the first national Thanksgiving in 1777. A somber event, it specifically recommended “that servile labor and such recreations (although at other times innocent) may be unbecoming the purpose of this appointment [and should] be omitted on so solemn an occasion.”

Presidents Washington, Adams and Monroe proclaimed national Thanksgivings, but the custom fell out of use by 1815, after which the celebration of the holiday was limited to individual state observances. By the 1850s, almost every state and territory celebrated Thanksgiving.

Portrait of Sarah Josepha HaleMany people felt that this family holiday should be a national celebration, especially Sarah Josepha Hale, the influential editor of the popular women’s magazine Godey’s Lady’s Book. In 1827, she began a campaign to reinstate the holiday after the model of the first Presidents. She publicly petitioned several Presidents to make it an annual event. Sarah Josepha Hale’s efforts finally succeeded in 1863, when she was able to convince President Lincoln that a national Thanksgiving might serve to unite a war-torn country. The President declared two national Thanksgivings that year, one for August 6 celebrating the victory at Gettysburg and a second for the last Thursday in November.

Neither Lincoln nor his successors, however, made the holiday a fixed annual event. A President still had to proclaim Thanksgiving each year, and the last Thursday in November became the customary date. In a controversial move, Franklin Delano Roosevelt lengthened the Christmas shopping season by declaring Thanksgiving for the next-to-the-last Thursday in November. Two years later, in 1941, Congress responded by permanently establishing the holiday as the fourth Thursday in the month.

 


 

THE PILGRIM AND WAMPANOAG ROLE

The Pilgrims and the Wampanoag were not particularly identified with Thanksgiving until about 1900, though interest in the Pilgrims as historic figures began shortly before the American Revolution.

John and Prisicilla Alden Tableau, 1910

With the publication of Longfellow’s best-selling poem The Courtship of Miles Standish (1848) and the recovery of Governor Bradford’s lost manuscript Of Plimoth Plantation (1855), public interest in the Pilgrims and Wampanoag grew just as Thanksgiving became nationally important. Until the third quarter of the 19th century, music, literature and popular art concentrated on the Pilgrims’ landing at Plymouth Rock and their first encounters with Native People on Cape Cod.

Thanksgiving Postcard with Greeting in PolishAfter 1890, representations of the Pilgrims and the Wampanoag began to reflect a shift of interest to the 1621 harvest celebration. By the beginning of the 20th century, the Pilgrims and the Thanksgiving holiday were used to teach children about American freedom and how to be good citizens. Each November, in classrooms across the country, students participated in Thanksgiving pageants, sang songs about Thanksgiving, and built log cabins to represent the homes of the Pilgrims. Immigrant children also learned that all Americans ate turkey for Thanksgiving dinner. The last lesson was especially effective with the recollections of most immigrant children in the 20th century including stories of rushing home after school in November to beg their parents to buy and roast a turkey for a holiday dinner.

 


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Structured Settlement Advisor

New Hampshire Transfer Payment Rights

New Hampshire Residents:  MuStructured Settlement Advisorst go out of State to Transfer Payment Rights

You may have an opportunity to still transfer structured settlement payment rights even though New Hampshire does not have a Structured Settlement Protection Act.

 

According to the National Association of Settlement Purchasers, “This state [New Hampshire] does not yet have its own structured settlement transfer law enacted.  People who live there MAY be able to transfer their structured settlement payment rights under the law of the state where the insurance company is based.”

 

There are two insurance companies involved, a Life Insurer and a Casualty Insurer, whose offices may be in multiple states.  Which state do you choose?  Did you know that different states and different counties will offer you a different price on your dollar?

 

Which state will best protect you and give you the most amount of money for your dollar?

 

We’re a nation-wide independent professional advisor.  Not only can we help locate and contact the insurance companies for you, but we are able to negotiate a better price for your dollar.

New Hampshire Transfer Payment Rights

Let us help.  Call today for a free consultation.

Andres Financial Group, is a highly professional group in Independent Professionals providing advice in the transfer of structured settlements. Associates across the US, with the ability to pool all our resources in your best interest.

IPA services include but are not limited to; best interest advice, fair market analysis, court document review, & court appearance.

We pride ourselves on getting 90% of our cases approved the first time in front of the judge. We do not accept a denial as a possible decision, and will seek to keep the case open should the judge attempt to deny.

New Hampshire Transfer Payment Rights


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Structured Settlement Advisor

District of Columbia Transferring Structured Settlement

District of Columbia Residents:  Transferring Structured Settlement Payment Rights

The District of Columbia does not have its own structured settlement transfer law enacted, and therefore, residents cannot transfer their payment streams in their state, BUT:

Structured Settlement Advisor

According to the National Association of Settlement Purchasers (NASP), the District of Columbia “…MAY allow you to transfer your structured settlement payment rights under the law of the state where the insurance company is based.”

District of Columbia Transferring Structured Settlement 

We are a nation-wide independent professional advisor.  Let us do the research for you.  We can help you locate where the insurance companies are and what state would be the best state to get the most for your money considering your special circumstances.  There are two insurance companies involved:  the Life Insurance Company, and the Casualty Insurer.

 

You will have a couple of choices.  How would you know what state would be best?  You wouldn’t.  We do.  Call today for a free consultation.

Andres Financial Group, is a highly professional group in Independent Professionals providing advice in the transfer of structured settlements. Associates across the US, with the ability to pool all our resources in your best interest.

IPA services include but are not limited to; best interest advice, fair market analysis, court document review, & court appearance.

We pride ourselves on getting 90% of our cases approved the first time in front of the judge. We do not accept a denial as a possible decision, and will seek to keep the case open should the judge attempt to deny.