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Individual-Based Income Streams are those income streams in which the party that receives payments is an individual. These payments are typically non-collateral-based.
The individual-based income streams include:
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Annuities
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Funeral purchase assignments
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Health and country club memberships
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Inheritances and trust advances
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Life/Viatical settlements
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Lottery winnings
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Military retirement
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Prizes and awards/casino winnings
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Sports contracts
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Structured settlements/Class action awards
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Tax lien certificates
Some of the cash flow streams listed above represents income streams that are currently assignable (saleable) in the secondary market. The number of cash flow instruments continues to increase, however, as new income streams are identified and become assignable.
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