Ask the Expert: Can I sell my inherited annuity?
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Q. My grandfather died and I inherited his annuity. Can I sell my payments for a cash lump sum?
Q. My grandfather died and I inherited his annuity. Can I sell my payments for a cash lump sum?A. I am sorry for your loss. Depending on the type of annuity, you may be able to sell it on the secondary market for an upfront cash lump sum payment. CBC Settlement Funding buys future payments from structured settlement annuities and single premium investments annuities (SPIAs). If you’re not sure what type of annuity you inherited or whether it is worth selling, call us today at 877-521-0065 for a free market evaluation. We can look at the paperwork and discuss your options to determine if selling your annuity payments is right for you.