If there’s a concern that your client’s settlement funds could be subject to imprudence or exploitation, a Settlement Preservation Trust (SPT) is an ideal solution. The success of an SPT depends largely on the trustee, so choosing the right one is important.
Our professionals consistently strike the right balance in the administration of SPTs. They protect the beneficiary’s interests by guarding against imprudence and exploitation while also providing flexibility and liquidity to the beneficiary in accessing the SPT funds. They work with beneficiaries to establish mutually-agreeable arrangements and offer solutions to meet a wide range of needs and circumstances.