There is a lot more to a structured settlements than a well designed plan guaranteed to protect the plaintiff for a life-time. A properly drafted and tax compliant set of settlement documents is critical to ensuring that plaintiff obtains the tax-free treatment he or she is entitled to.
CCI will either draft or review and revise the various settlement documents as well as proposed orders necessary to properly conclude a Structured Settlement and ensure compliance with all tax and legal requirements. This includes the the
CCI's Legal Department Gets Involved.
Settlement Agreement and Release (“SA&R”), Qualified Assignment agreements, Infant’s Compromise Orders, Friendly Judgments, etc.
In cases where the documents are drafted by opposing counsel, CCI will review and make recommendations regarding revisions to be sure the settlement documents comply with the tax and other requirements of a proper structured settlement. When a general release is required, CCI will provide you with a "modified general release" to comply with the tax requirements.
All documents are reviewed by Creative Capital's general counsel, Martin Jacobson. In over 35 years in this business, no CCI Structured Settlement has collapsed for failure to comply with the tax laws pertaining to structured settlements.