Why Structured Settlements?

Structured settlements evolved from the tragic Thalidomide cases in the 1960s. To address the long-term needs of the children born with birth defects as a result of the drug, periodic cash payments were scheduled to plaintiffs as part of legal settlements.

Subsequent federal legislation exempted all future payments used for the settlement of physical injury and physical sickness from income tax.

Today, these payments are generally funded with an annuity policy administered by a highly rated life insurance company, and the payout can be completely customized for the claimant's situation. The ownership and obligation to make the future payments generally lies in the hands of a third-party company known as an Assignee.

• Customized Tax-Free Periodic Payments
• Stability and Security as payments are guaranteed and backed by highly rated life insurance companies
• Protection to reduce the chance of settlement funds being dissipated
• Guranteed Periodic Payments Claimant can count on
• No Fees for the Claimant (administrative, managerial or transactional)