Structured Settlements: Advantages and others:
You want to begin the structured settlement process? just read here first.
It is very important to contact a professional who is knowledgeable in structured settlements and bring them in to the negotiations. With the assistance of this professional, your present and future financial needs are assessed and a structured settlement plan is drafted. Contact one of these structured settlement professionals today below.
Time based payouts on structured settlements do not always work for some people. It is now possible for you to receive full, partial or shared payments and be free of the restrictions that structured settlements can impose.
What Are The Advantages of a Structured Settlement to a Plaintiff?
Eliminate the risk of mismanagement. Approximately 30% of all accident victims completely dissipate their settlements within two months of receiving them - and 90% spend all the money within five years
Provide a steady, low-risk source of money and eliminate the expense and worry of managing large sums.
Offer a convenient way - through regular payments -- to meet the individual claimant's needs and special circumstances.
Provide a tax advantage. Fixed annuity payments may be tax-free.
Why? Offer more money over time than a lump sum in many cases. Fixed annuity payments can continue for life – no matter how long the claimant lives.
Maximize settlement benefits. In cases where there are low insurance policy limits, a structured settlement can often provide a more generous overall settlement.
What Are The Advantages of a Structured Settlement to a Defendant?
Offer an expedited termination of liability and legal obligations.
Reduce litigation costs and, in the case of pre-trial settlements, avoid the risks of a jury trial.
Often brings settlement payout closer to expectations of injured parties for a cost closer to acceptable for defendants because the benefits of time value of money are introduced into the settlement.
By settling case and transferring responsibility for future payment, in the form of a structured settlement annuity, the defendant may be able to remove liability from its books.
Contact one of these structured settlement professionals today.
National Structured Settlement Trade Association
J.G Wentworth Advanced Funding
Annuity Transfers LTD
Prosperity Partners Inc.
Peachtree Settlement Funding
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Return to the Meridian Structured Settlements Directory
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