What advantages are there to selling my royalties for a lump sum payout?
- Cleaning up your estate and saving your heirs from the complicated and expensive title transfer process.
- Reinvesting the proceeds into safer investments.
- Putting an end to all the record keeping and paperwork.
- Taking advantage of the lowest long-term capital gains tax rate since the Great Depression (15%) while it lasts.
- Paying off debt, such as high-interest credit card balances, medical bills, a mortgage, or a car loan.
- Applying the lump sum toward important family priorities, such as college expenses, a home improvement project, or even a well-deserved family vacation.