When your client obtains a significant settlement, it may be best to have the funds disbursed over time through an annuity, versus in one lump sum payment. However, it’s not always easy to identify when a structured settlement is appropriate.
Our professionals first evaluate the circumstances to determine the need for or value of a structured settlement. If it’s an appropriate option (and your client agrees), we take your client’s needs and preferences into account, and we work with your client to customize a settlement structure. Because we work with several reputable life insurance companies, we can offer a variety of proposed structures so that your client can choose one that is both practical and satisfactory.
In addition to financial security, there is another outstanding benefit to structured settlements: their disbursements are completely tax-free.