Fixed annuities and structured settlements
have been successful as a means to settle damage liabilities
in numerous circumstances - some of which include:
Personal Injury or Physical Injury:
In example, if you were injured in a car accident,
received a physical injury or suffered from medical
malpractice. Your structured settlement compensation
can be in the form of a fixed annuity payment.
Worker's Compensation: If you have a
claim because your were injured on the job or have a job
related physical injury directly related to employment.
A structured settlement agreement can help you receive
the monies you are due and make it easier for your
employer to make the liability payments.
Environmental Claims: If you
have been exposed to toxic spills, illegal
pollutants or the subsequent clean up efforts of
the environmental hazard. Frequently structured
settlements can be used for those injured, or
even in a class action settlement.
Attorney Fees: If you may need to
structure attorney fees regardless of any other
structuring in the clients case.
What Are Some Of The Reasons A Structured
Settlement Will Work For My Case?
Through negotiations, a structured
settlement will listen to and incorporate the needs of
all parties involved.
Through the use of a structured settlement
negative externalities are often eliminated, resulting in a
maximum benefit for the plaintiff and a quick settlement
with low litigation costs for the defendant.
Also, because fixed annuity payments are income
tax-free to the plaintiff, there are desirable tax benefits
associated with structured settlements. For the defendant, liability
can often be removed from the books.
n many cases it is also preferable and beneficial to the
plaintiff to obtain a guaranteed payment stream as opposed to a lump
sum.
