^^^

LOL, no… that was struck down by a court ages ago.

Getting back on topic, I’d take the lump-sum cash as follows.

Say $950,000 after taxes, invested in rental property at 7% = $66,500/yr = $5,541/mo. If it’s in rental property, deductions ensure a lower tax rate than that on the $8,750/mo, and my return (rents) will likely go up over time, plus it will last longer than 20 years. Seems like a better deal than the 20-year payout, especially since the payor could go bankrupt five years from now and I’d be left with bupkiss.

I may consider taking the house IF it’s actually worth $4 million other than on paper and if I can get a hard-money loan to cover my up-front expenses before I am able to sell it.

I’m not greedy, but I’d always prefer cash in hand as soon as possible to invest as *I* please, rather than as whatever entity’s funds manager pleases. I’d sure he’s a good guy, but I probably don’t know him personally 🙂