Settlement consultants are well-educated on a variety of topics. Their training goes beyond traditional financial planning and wealth management strategies to encompass a command of the options available to injured claimants and plaintiff attorneys, such as structured settlements and attorney fee deferrals.
Settlement consultants help you navigate the many roadblocks that can prevent a smooth settlement resolution. This provides valuable reassurance for the attorney who leads the client’s team. From helping prevent the loss of government benefits to knowing where to turn when a lien report is inaccurate, a settlement consultant has the unique background needed to provide the most comprehensive level of service possible.
Not only are an injured claimant’s financial needs different than those of the typical client, but there is an emotional aspect to settlement planning that cannot be ignored. When someone has experienced a traumatic injury or the death of a loved one, there is an entirely different framework for creating a sense of long-term financial stability.
Injured claimants have layer upon layer of complications that can make the prospect of moving forward a daunting one:
Settlement consultants work daily with injured claimants and understand the balance between providing detailed, expert guidance, as well as offering empathy and emotional support.
The best settlement consultants recognize the strengths that other experts bring to the table. Reputable settlement consulting firms, such as Kaas Settlement Consulting, have access to a broad range of tax, government benefit, lien resolution, estate planning, and wealth management experts and can help the claimant create a seamless plan for the future. Better yet, settlement consultants are not captive agents, guaranteeing that they will only consider the best interests of the claimant when recommending products and services.