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Welcome !! - Do YOU need a
Note Broker ??
Our Mission -
TLC is an Independent Associate of a National
Purchaser of Senior Life Insurance Policies, Structured Court Settlements, Annuities,
Lottery / Casino Winnings, Seller Financed Business Notes, and Privately Held
Mortgages. We can also provide a cash advance if you are an Heir or Beneficiary of a
Probate or Trust. They were founded in 1993 to provide financial alternatives to
recipients of deferred payments. Over the years they have helped thousands of people
achieve their financial goals by offering customized programs. Our mission is to
continue to provide outstanding service to "deferred-payment" recipients that wish to
have greater control over their assets. |
Services -
TLC provides direct funding to individuals receiving periodic payments.
Many individuals holding certain types of assets such as Lottery Winnings
and Structured Settlements have a strong preference for a lump sum payment
instead of being paid over several years. We have established a
distinguished record of performance in the alternative cash flow industry.
Our innovative techniques and guidelines allow us to successfully turn
alternative cash flow instruments into a lump sum payment at no risk to our
clients.
Flexible Custom Solutions -
TLC offers flexible and individually tailored plans to meet our client's
specific financial goals. We have the ability to structure a buy out that
will meet your immediate and long term goals, as well as fund you very
quickly. We will consider almost any payment stream that is paid out over
time. Our focus on outstanding customer service has made us a leader in the
Structured Settlement and Lottery Award finance industries. If you are
receiving payments and would prefer to have a lump sum of cash, we urge you
to contact us. Call today at (801) 881-1854 to obtain a FREE, no-obligation
evaluation of your note or payment stream. You may also obtain a
confidential quote online or via email.
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Reasons for Selling Your Note
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- If you are a Structured Settlement recipient, a portion of the
payments you are due to receive in the future is interest that has not
been earned yet. At the time you settled your case the insurance company
invested the settlement amount in an annuity that is now paying a
combination of principal and interest to you. However, any payment
amount due in the future is not worth the same today. Otherwise the
insurance company would have given you a lump sum for the full amount at
the time your case was settled instead of structuring it over a long
period of time. If you're a Lottery Winner you probably already know this,
since many states now offer a lump sum payout option to winners instead of
the usual 20-25 year annuity payout. If you choose the lump sum, the
amount is typically about half of the advertised prize amount.
- Unless you own several loans, the collection of one loan payment may
be insignificant. Most people can collect a loan for years, and have
nothing to show for it at the end of the collection term. "It's not
what you make but what you keep that matters", is true relative to the
collection of a note. Why not sell your note and invest in something that
will produce long term tangible benefits?
- For most of us, a 15 to 30 year loan will far out live our ability to
enjoy the money. Heirs will most likely inherit many of these long term
loans, in which case the payment may be split several ways, making it even
more insignificant. Disagreements between the heirs are also common when
splitting up a monthly payment. Many note holders sell their loan to
"clean up" their affairs for themselves and their heirs.
- Current tax law does not allow the deduction of interest paid for
personal goods such as credit cards, automobile, boat, etc., while the
interest income on your note is taxable. Many note holders prefer to
sell the note and payoff personal debt on which they are paying a higher
interest rate and getting no tax deduction.
- Other investments may be available that will yield a higher after tax
return with less risk. A note written at 9% will normally yield an after
tax return in the 6% range. Tax free municipal bonds may deliver a return
equal to or greater than your after tax return on your note, while having
less risk and no effort of collection. Some note sellers invest in rental
property due to the fact that the rental property never stops producing
income. In most cases, rental rates increase over the years as well as the
property value increasing. The interest income on a note, however,
decreases over the years, and eventually pays off completely.
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FAQ - Frequently Asked Questions
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- How long does the process take?
- In most cases, the industry-wide standard is a minimum of 90 days. Some companies will
tell you they can get your deal processed in weeks. Unfortunately, courts do not operate
that quickly. Most people want a set time frame and need the money right away. Some
people will try to use that need against you. They will tell you what you want to hear,
and then leave you waiting.
- Why is a court order necessary?
- Most states have passed a Model Act that requires annuitants to obtain a court order
prior to reassigning their payments. In most cases, a personal court appearance is not
required.
- How much do I get?
- There are many variables involved. The financial rating of the insurance company making
the payments, the size of your transaction and how far into the future the payments
extend, all affect the amount you will receive. Our financing experts will be glad to
discuss with you what your needs are and provide you with a quote.
- Do I pay taxes on this?
- No. On June 10, 1999, IRS issued Private Letter Ruling 119273-97, which confirmed that
an individual's sale of their structured settlement payments would not create a tax
liability to that individual.
- Would you buy all or part of my future payments?
- We can structure your deal in multiple ways. For example, we can buy all remaining
payments, a partial number of payments or a percentage of your payments.
- Do you charge any closing fees or other costs?
- No. There are no hidden transaction costs; all fees are disclosed ahead of time.
- What rate of discount do you typically use?
- Total Logistics Consultings' purchase rates are the most competitive rates in the industry.
Rates vary, based upon the type and structure of the transaction.
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Mortgage Notes
- Minimum Funding Amount: $20,000
- Maximum Funding Amount: $250,000 Residential
- No Maximum for Commercial notes
- First Position Notes only - No Seconds (EXCEPT Land
Contracts)
Inheritance and Probate Settlements
- Probate cash advances typically range from $5,000 to in excess of $100,000
Structured Court Settlements and Annuities
- Minimum Funding Amount: $20,000
- Maximum Funding Amount: No Maximum
- No Workers Compensation Settlements
- Most States require Court Orders
- No Retirement Plans, Disabilities, Judgments, Divorce Settlements,
Social Security Payments, IRA's - These can't be purchased.
Lottery Winnings
- Minimum Funding Amount: $100,000
- Maximum Funding Amount: No Maximum
- * Some States require Court Orders
- Some States non-assignable - Therefore most likely cannot purchase
these.
Business Notes
- Minimum Funding Amount: $20,000
- Maximum Funding Amount: Case by case (usually $250,000)
- Personal guarantee by payer and good credit
- Minimum three (3) months seasoning
All guidelines are subject to change without notice.
Revised January 2006
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Senior Life Insurance Settlements
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I would like to introduce you to a new service that I think might be of
interest to you. Our company, Total Logistics Consulting, is now purchasing
life insurance policies held by individuals 65 and older and in GOOD
health. The purchase price is determined by your policy amount as well as
your overall health and life expectancy. We can now provide you with a LUMP
SUM OF CASH for your insurance policy that you no longer need or desire to
maintain.
In the past, if an individual no longer wanted or needed an insurance
policy, the only option was to allow their policy to lapse or to cash it in
for it's small cash surrender value. Now there is another option. We will
pay you a lump sum of cash for the rights to your policy. In most cases we
can pay you more than the cash surrender value of a policy. The process is
simple and easy and takes about 4 to 6 weeks to complete. You will then be
free to use the money in any way that you choose and you will no longer be
obligated to pay the insurance premiums.
You should seriously consider our services if you no longer have a need
for your current insurance policy(s). We have helped numerous individuals
live their senior years without worrying about money. Many people have
described selling their life insurance policies as "new found money". These
individuals have been able to use the money to purchase their dream home,
take wonderful vacations, consolidate bills, and give money to their
favorite charities.
If you are interested in learning more about this exciting new option
that is available to you, then please call one of our customer service
representatives today. We look forward to speaking to you soon.
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Inheritance and Probate Settlements
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Your Probate Or Trust Cash Advance Is Fast And Easy
Total Logistics Consulting provides you with a cash advance by purchasing a portion of your Inheritance in Probate or Trust. We don’t check your credit history or employment status. All that is required is that you are a legal heir of the Estate noted in your application, and that the Estate and your Inheritance is in Probate or in a Trust, or Trust Fund. Also, your Probate or Trust must be located within the United States. As long as the Probate or Trust is situated in the USA, an Heir or Beneficiary may be a full or part time resident of any country in the world.
Cash Now!
Your cash advance is determined by the total amount purchased by TLC and the
firm’s underwriting criteria. Most TLC clients receive a cash advance on their
Inheritance within several days of receiving your application and paperwork. Probate or
Trust cash advances range from $5,000 to Inheritance advances in excess of $100,000. Our firm does not charge points or up-front fees, and there are no monthly payments. Unlike others, we never charge “transaction” or “paperwork” fees.
Who Can Apply?
- TLC provides Immediate Inheritance cash advances to:
- Heirs or Beneficiaries of a current Estate in Probate
- Trust Beneficiaries entitled to receive distribution within three years
- Probate Beneficiaries of Structured Settlements
- Probate Beneficiaries of Lottery winnings
- Probate Beneficiaries of corporate game winnings
- Probate Beneficiaries of casino winnings
- Probate Executors & Administrators
- Trust and Trust Fund Trustees & Successors
- Probate Conservators & Guardians
- Heir-to-Heir Probate buy-outs
The Probate Process -
If you are an Heir or Beneficiary of a Probate or Trust, whose Inheritance or Trust is
in Probate – you are well aware that it often takes years until final close of a
Probate or the distribution of a Trust. Probate often lingers on well past the point
that your executor or attorney believes it will. TLC invites you to use our Probate
Timeline (below) as a reference tool to estimate how much longer you must wait to access
your Inheritance. This may affect your decision on whether to apply for a cash advance,
or not. You may be able to identify which stage of the process you are presently in, as
you wait for your Probate to fund, or your Trust to close. Probate is an unpredictable
legal procedure, so bear in mind that the timeline below may not be an entirely accurate
in all situations.
You are also well aware that mainstream loan or credit
line sources, such as banks, credit unions, etc., will not use an Inheritance as
collateral. Our Probate funding officers are fast, reliable and
courteous. Your experience as a client will always be pleasant and instructive. Customer
service and professionalism are the cornerstones of our success. We rely on satisfied
customers telling their friends and relatives about us, and coming back to us again if
they are in need of additional funds.
The
Probate Process Takes 9-18 Months
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Probate |
Timeline
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• Prepare & file Petition for Probate
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1-2 Months
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| • Hearing on Petition for Probate
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2-3
Months |
| • Issue Letters of Administration,
Orders For Probate and Duties &
Liabilities.
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| • Issue Bond (if ordered)
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| • Notice to Creditors
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2-4
Months |
| • Notice to Dept. of Health Services
Inventory & Appraisement
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4-8
Months |
• Pay State/Fed Taxes
(if necessary)
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6-12
Months |
| • Allow or reject creditor claims
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| • Possible Preliminary Distributions
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| • Notice to Dept. of Health Services
(if deceased received medical)
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• Notice to Franchise Tax Board
(if Heir is out of state)
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| • Claim of exemption (if assets
Transfer to a minor)
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6-15
Months |
| • Receive final tax letter from
State & Federal (if appropriate)
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6-18
Months |
| • File Petition for Final
Distribution and Accounting
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8-16
Months |
| • Hearing on Petition for Final
Distribution and Accounting
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| • Order approving Final Distribution
And Accounting
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| • Distribution of Assets to Heirs
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9-17
Months |
| • Final Discharge Order
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9-18
Months |
| • Final Distribution of Funds
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9-18
Months |
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Structured Court Settlements and Annuities
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Total Logistics Consulting is a national purchaser of structured court
settlements, annuities, and personal injury lawsuits. We have pioneered the
way in which annuity payments are purchased. We can fund in all 50
states.
An example of a structured settlement might relate to someone injured in
an automobile accident. When this person settles with the insurance
company, he/she would probably be given the choice of lump-sum payment or
some form of structured pay out over time. Often, this person will choose
to receive payments over time, in order to provide themselves with security
and a steady income. However, the time may come when this person would
prefer to receive a lump sum of cash now, as opposed to periodic payments.
An annuity is the same - However the payments are made thru the courts to a
"Beneficiary".
We are NOT able to purchase settlements resulting from Workman's
Compensation claims or ANY other work-related incident.
DO YOU NEED A LUMP SUM OF CASH NOW?If
you are receiving payments from a court settlement or annuity, and those
payments are not meeting your current financial needs, we can help you by
converting your payments into a large lump sum of cash that will help you:
- Pay off Bills
- Purchase a New Home
- Pay for College
- Purchase a New Car
- Start a Business
- Take a Dream Vacation
- Invest in the Stock Market
WE WILL PURCHASE:
- A Specified Amount of Future Settlement Payments
- All of your Future Settlement Payments
- A Portion of any Future Settlement Payment
Your Options Are Unlimited !!
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Privately Held Mortgage Notes
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Total Logistics Consulting is an innovator in the purchase of Privately
Held Mortgage Notes, Deeds of Trust, and Land Contracts. We have developed
numerous programs that help our clients meet their immediate needs. We have
found that many times when an individual is looking to sell their Mortgage
Note, it is because they are in need of a small amount of immediate cash,
while others would like to cash out their Mortgage Note in its entirety.
With this in mind, we have developed the following purchase options.
MORTGAGE NOTE PURCHASE OPTIONS
- Full Purchase - The purchase of a Mortgage Note in its entirety
- Partial Purchase - The purchase of a specified number of future
payments
- Split Payment Purchase - The purchase of a specified monthly
amount
Your Options Are Unlimited !!
We purchase Mortgage Notes, Deeds of Trust, and Land Contracts in all 50
States.
WE PURCHASE MORTGAGES ON THE FOLLOWING PROPERTY
TYPES
- Single Family Residences
- Multi-Family Units
- Mobile Homes with Land
(We cannot accept mobile homes WITHOUT land)
- Condominiums / Townhomes
- Land (improved and unimproved)
- Commercial Properties
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Lottery and Casino Winnings
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Total Logistics Consulting is a national purchaser of Lottery Winnings,
IGT Casino Jackpots, and Contest Awards. We have the ability to purchase
your future payments in all 50 states as well as fund you quickly.
There are states, like California for example, that give the winner a
choice of lump sum or partial payments over 26 years. If the winner should
choose payments, he/she often realizes after a couple of years that he/she
would prefer to obtain a lump sum of money for the remainder of the
winnings. The winner therefore wants to sell off the contract at a
discounted amount.
WOULD YOU LIKE A LUMP SUM OF CASH NOW?
We have helped numerous individuals obtain large lump sums of cash that
have enabled them to:
- Consolidate Bills
- Purchase a New Car
- Start a Business
- Invest in the Stock Market
- Purchase a Home
- The possibilities are unlimited
WE WILL PURCHASE:
- All of your future Lottery or Casino Winnings
- A specified number of your future Lottery or Casino Winnings
- A portion of any future Lottery or Casino Winnings
Your Options Are Unlimited !!
We have the financial strength and experience to fund your Lottery or
Casino transaction quickly and at competitive rates. Call a customer
representative today.
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Seller Financed Business Notes
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Total Logistics Consulting is a national purchaser of Seller Financed
Business Notes. We offer several options for individuals who would like to
sell their Business Note payments. These options are designed to meet your
immediate and future financial needs.
BUY OUT OPTIONS
- Full Purchase - The purchase of a Business Note in its entirety
- Partial Purchase - The purchase of a specified number of future
payments
- Split Payment Purchase - The purchase of a specified monthly
amount
Your Options Are Unlimited !!
PURCHASE PARAMETERS OF BUSINESS NOTES
We are very aggressive in the purchase of Business Notes. The following
are the basic criteria that we look for in Business Notes.
- All Business types considered
- First Lien positions only
- Personal guarantee of payor
- 20% down payment by purchaser (smaller down payment in some
cases)
- 3 months of seasoning (less seasoning in some cases)
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