Before the settlement arrangement is completed, the parties must reach an agreement on using a Structured Settlement. Once they have agreed, the claimant discharges the defendant (or the insurer) of liability. The defendant or insurer then sends the structured settlement funds to a third-party assignment company, which assumes responsibility and acquires an annuity or investment from a Structured Settlement issuer (often a highly-rated life insurance company). The issuer then makes regular payments per the established timeline and amount.
Structured Settlements can be offered for almost any settlement size; we can structure amounts as low as $10,000. It is ultimately the claimant's decision whether to structure, and many find that structured settlement is much more advantageous than a single lump sum payment.

100% Income-Tax-Free for Physical Injury and Wrongful Death Cases:
People who utilize a structured settlement for proceeds emanating from a physical injury or wrongful death settlement receive their periodic payments, including the interest gained, free from state and/or federal taxes, as per Section 104(a)(2) of the Internal Revenue Code.
100% Income Tax-Deferred for Non-Physical Injury Cases:
These types of structured settlement payments (as well as growth) grow pre-tax and are an effective tax-deferral for non-physical injury cases.

Guaranteed Payments:
The payment schedule is agreed upon at the beginning of the process, and claimants are assured a steady source of secure income with guaranteed payments.

Guaranteed Rate of Return:
Structured settlement annuity payments have a guaranteed rate of return, safeguarding the injured party from any market volatility.

No Overhead Fees or Expenses:
Structured settlements do not have any set-up, ongoing or overhead fees. Settlement consultants are paid a one-time commission that is built into the rates offered by the life insurance companies.