Thanks for your question here and good afternoon.Nothing here prohibits you from selling this to a company that purchases such annuities.This from here is just a release where you are agreeing to accept it and release the against the estate and other named people.It would prohibit say a suit against them.But that does not mean that the annuity is not salable.Unless the annuity itself has some kind of restriction this document does not prohibit a resale.So you may want to review the annuity.Unless it does you may want to contact companies that purchase such annuities.You would be getting a lesser lump sum for cashing it out now.There are many companies that buy annuities here are a couple..
I appreciate the chance to assist you today.Please let me know if you have more follow up.Thanks again for letting me help you.
I hope that you will be so kind as to leave a positive rating. If you do have any additional questions about my answer please click the "Continue Conversation Link" so I can provide you with a fully satisfactory answer. Please be aware that any rating of 1 or 2 is reflected as a negative rating and I receive no credit for my answers.
This communication does not establish an attorney-client relationship.Information provided here is not legal advice. Rather it is simply general information.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).