Category Archives: IPA

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Structured Settlement Advisor

Ohio Independent Professional Advice

Ohio Residents:  You must have independent professional advice

Ohio’s Structured Settlement Protection Act (SSPA) defines “independent professional advice”:

 

2323.58(E) “Independent professional advice” means the advice of an attorney, a certified public accountant, an actuary, or any other licensed professional adviser if all of the following apply:

(1)  The payee has engaged the services of the licensed professional adviser to render advice concerning the legal and other implications of a transfer of structured settlement payment rights.

(2)  The licensed professional adviser has signed a statement to the effect that the licensed professional adviser rendered advice to the payee concerning the legal and other implications of a transfer of structured settlement payment rights.

(3) The licensed professional adviser is not affiliated in any manner with, referred by, or compensated in any manner by the transferee of the structured settlement payment rights.

(4)  The compensation of the licensed professional adviser is not affected by whether or not a transfer of structured settlement payment rights occurs.

 

For instance, in 2011 there was an approved court order in Hamilton County, Ohio that worded the confirmation of the seller receiving independent professional advice:

 

“That Mr./Ms._________________________ has been advised in writing by company _________________________, Transferee, to seek independent professional advice regarding the legal and other implications of the transfer and has received said advice.

Ohio Independent Professional Advice

There are a handful of states in the United States that require independent professional advice:

  • Alaska
  • Delaware
  • Louisiana
  • Maine
  • Maryland
  • Minnesota
  • Missouri
  • North Carolina
  • Ohio

We provide nation-wide independent professional advice.  Call today for a free consultation.Structured Settlement Advisor

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.


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Structured Settlement Advisor

North Carolina Independent Professional Advice

North Carolina Residents:  You must receive independent professional advice

If you are living in North Carolina, and wish to transfer your structured settlement payment rights, you absolutely, must receive the “independent professional advice” as required by law:

Article 44B Structured Settlement Protection Act (SSPA), defines an independent professional adviser:

  • 1-543.11.(3) “Independent professional advice” means advice of an attorney, certified public accountant, actuary, or other licensed or registered professional of financial adviser:
  1. Who is engaged by a payee to render advice concerning the legal, tax, and financial implications of a transfer of structured settlement payment rights;
  2. b. Who is not in any manner affiliated with or compensated by the transferee of such transfer; and
  3. c. Whose compensation for rendering such advice is not affected by whether a transfer occurs or does not occur.

 

This advice is required per this code in the SSPA:

  • 1-543.12.(4) The payee has received independent professional advice regarding the legal, tax, and financial implications of the transfer.

 

North Carolina residents don’t have an option with receiving independent advice, you must have it.  We’re a nation-wide independent professional advisor for the transfer of structured settlement payment rights.

North Carolina Independent Professional Advice

Call today for a free consultation, we can help. Structured Settlement Advisor

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.


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Structured Settlement Advisor

Missouri advice from Disinterested Counsel

Missouri Residents:  You are required to receive advice from “Disinterested Counsel”

Below we cite the Missouri code that defines “Disinterested Counsel” and we cite the actual “requirement” code for disinterested counsel during the transfer of your structured settlement payment rights.  Missouri residents do not have a choice,  you must obtain disinterested counsel to transfer your payment rights.  We are a “disinterested counsel”.  Read on:

 Structured Settlement Advisor

  • 407.1060(4) “Disinterested Counsel”, legal counsel that has no business relationship with any transferee of structured settlement payment rights, will not receive any compensation directly or indirectly from any such transferee in connection with representing the payee, and whose compensation for representing the payee will not be affected by whether the transfer occurs or does not occur;

 

  • 407.1062(6) The payee has been represented by disinterested counsel in connection with the transfer or the payee understands the nature of the transaction and the economic consequences of the transaction.

 

Disinterested counsel is the same as “independent professional advisor”. We are a nation-wide disinterested counsel that can help you.  Call today for a free consultation.

Missouri advice from Disinterested Counsel

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.


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Structured Settlement Advisor

Minnesota Independent Professional Advice

Minnesota Residents:  You must receive independent professional advice

If you reside in Minnesota and are interested in selling your structured settlement payment rights, you must obtain the advice from an independent professional adviser.

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Below we cite the code that defines independent professional advice, and we cite the code that REQUIRES you to obtain independent professional advice:

 

  • 549.30 Subd. 6. [INDEPENDENT PROFESSIONAL ADVICE.] “Independent professional advice” means advice of an attorney, certified public accountant, actuary, or other professional adviser:

(1) who is engaged by a payee to render advice concerning the legal, tax, and financial implications of a transfer of structured settlement payment rights;

(2)  who is not in any manner affiliated with or compensated by the transferee of the transfer; and

(3) whose compensation for providing the advice is not affected by whether a transfer occurs or does not occur.

 

  • 549.31(d) the payee has received independent professional advice regarding the legal, tax, and financial implications of the transfer.

 

We are a nation-wide independent professional adviser, we can help.  Call today for  a free consultation.

Minnesota Independent Professional Advice

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.


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Structured Settlement Advisor

Maryland Independent Professional Advice

Maryland Residents:  You must have independent professional advice

 Structured Settlement Advisor

If you are a Maryland resident and you are interested in selling your structured settlement payment rights, you must obtain independent professional advice.  Below we cite how Maryland defines independent professional advice, and then we cite the code that REQUIRES you to have independent professional advice.

 

  • 5-1101(c) Independent professional advice.–“Independent professional advice means advice of an attorney, certified public accountant, actuary, or other licensed professional adviser:

(1) Who is engaged by a payee to render advice concerning the legal, tax, and financial implications of a transfer structured settlement payment rights;

(2) Who is not affiliated with or compensated by the transferee of the transfer; and

(3) Whose compensation is not affected by whether a transfer occurs.

 

The Maryland code that REQUIRES you to have independent professional advice is:

  • 5-1102(b)(3) The payee received independent professional advice regarding the legal, tax, and financial implications of the transfer.

 

We have nation-wide independent professional advisers.  Call today for a free consultation.

Maryland Independent Professional Advice

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.