Avoiding Problems with Structured Settlements
HOW TO PRESERVE A STRUCTURED SETTLEMENT AS AN OPTION FOR YOUR CLIENT After years of litigation and contentious back-and-forth negotiations, you’ve finally resolved your client’s case. Everyone is happy, hugs all around, and there may even be some tears of joy. Fast forward a month, as you bang your head against your desk, and your […]
Providing Additional Income for Clients Who Are Unable to Work
Few life events are more destabilizing than losing the ability to work. Employment often bestows a sense of pride, a mental challenge, and perhaps most importantly, a source of reliable income. Many injured claimants and their families must deal with the reality of adjusting to a new life—one that is no longer supported by the […]
Protecting Your Claimant From Market Volatility
When a claimant is about to receive a settlement, the overriding concern is to make sure the money provides for their needs as long as possible – often for the rest of their life. The structured settlement annuity accomplishes this elegantly. Both the term and the rate of return for a structured settlement annuity are […]
Earn Tax-Advantaged Supplemental Income Without Lifting a Finger
Earn Tax-Advantaged Supplemental Income Without Lifting a Finger You know that a successful legal career doesn’t necessarily equal a predictable paycheck. Case volume ebbs and flows, offering little certainty. Have you explored investment options that deliver regular income without taking time away from your practice? Your Financial Weapon of Choice Plaintiff attorneys have a leg […]
How to Help Clients Preserve Settlement Funds For Future Medical Needs
How to Help Clients Preserve Settlement Funds For Future Medical Needs Success at the mediation table doesn’t always mean a claimant’s financial worries are over. In many cases, that money needs to last the rest of their days. After paying attorney’s fees and liens, the funds that remain may have to cover profound medical expenses […]
Top Three Reasons Your Firm Benefits By Engaging a Settlement Professional
Top Three Reasons Your Firm Benefits By Engaging a Settlement Professional Reason #1: Specialized Knowledge 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 […]
Settlement Scenarios You May Encounter
Settlement Scenarios You May Encounter An unexpected death launches the survivors into an extended period of trauma and uncertainty. When it’s a wrongful death, your clients will need specialized guidance not only on the legal and financial options that are right for their situation, but also on the major elements of transition that invariably accompany […]
Tax-Deferred Attorney Fees: Plan Your Strategy Now
Tax-Deferred Attorney Fees: Plan Your Strategy Now You know your structured settlement consultant already works hard for your clients. Why not put her to work for you, to help you find and utilize the right structure to reduce your tax burden, to keep more of what you earn, and to grow your personal wealth? If […]
Lump Sum vs. Structured Settlement: What’s the Better Choice?
Lump Sum vs. Structured Settlement: What’s the Better Choice? Claimants involved in personal injury, wrongful death, and workers’ compensation cases have multiple options for handling their proceeds. While some may believe that a lump sum cash payment is the ideal method of accepting the proceeds, it may be more beneficial to place all or a […]
How to Reap Long-Term Financial Benefits in a Taxable Damages Case
How to Reap Long-Term Financial Benefits in a Taxable Damages Case: The Latest Options for Settlements Outside of the Realm of Physical Injury, Physical Sickness, or Wrongful Death Most attorneys know that when it comes to physical injury settlements, traditional financial vehicles such as structured settlements1 are available to help preserve a client’s recovery. What […]