The ONLY product of its kind that provides a secure financial future for both the plaintiff and their family - guaranteed.
Traditional Structured Settlements
A Structured Settlement is a unique form of settlement. The defendant pays 100% of the settlement cost immediately, providing the plaintiff with payments over time that are substantially greater than the defendant’s cost.
Unlike a lump-sum settlement, a structure creates the opportunity for the plaintiff to take some cash immediately and structure the balance to provide tax free benefits and a shield from market volatility. All while achieving current and future financial goals.
Structured settlements have been used successfully for many years in Physical Injury Cases & Workers' Compensation Claims. In addition, other types of cases also benefit.
Physical Injury Cases
Both the plaintiff and defendant in physical injury cases can greatly benefit from a structured settlement.
Benefits for Plaintiff:
Eliminates investment risk and management fees.
Offers flexibility to design a custom payment stream..
100% tax free.
COLAs are always available.
Structured settlement indexed annuities benefit from future interest rate increases.
Annuity-based periodic payments may be exempt from creditors in certain states.
Affords protection from dissipation of funds.
Government benefits protected when combining a structure with a trust.
Benefits for Defendant/Insurer:
Saves through the ability to settle quickly and avoid ongoing litigation expenses.
Eliminates responsibility for future payments through assignment of obligation.
Workers' Compensation Claims
A traditional structured settlement with a Qualified Assignment on workers’ compensation claims offers increased benefits for both the claimant and employer/insurer.
Benefits are the same as a Personal Injury Claimant - PLUS:
Benefit payments continue after returning to work.
Benefit payments continue after death.
Availability to designate anyone as beneficiary.
Benefits for Employer/Insurer:
Eliminates legal obligations through a Qualified Assignment under I.R.C. Section 130(c).
Removes the liability from their books and releases reserves.
Closes the gap in expectations with the claimant for a timelier settlement.
Structured Settlements (Employment & Other Claims)
Approved by the IRS in a 2008 ruling, structured settlements in employment cases create ways to achieve income averaging, a long sought-after goal of the Plaintiffs’ Bar.
Structures in employment cases allow plaintiffs to spread payments over time on a tax-deferred basis, often achieving significant savings. Plaintiffs can also earn tax-deferred income on their settlement.
The success of the traditional structured settlement with a novation is available for a wider range of situations. Learn More >