Fixed annuities and structured
settlements have been successful means in settling
damage liabilities in numerous circumstances - some of
which include:
Personal Injury or Physical Injury:
For example, if you were injured in a car accident and
received a physical injury or suffered from medical
malpractice your structured settlement compensation
could 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 compensation deserve and make it easier for your
employer to make the liability payments.
Environmental Claims: Frequently, structured
settlements can be used for those injured, or
even in a class action settlements involving
exposure to toxic spills, illegal
pollutants or the subsequent clean up efforts of
the environmental hazard.
Attorney Fees: For
those who 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, structured
settlements will listen to and incorporate the needs of
every party involved.
Through the use of structured settlements,
negative externalities are often eliminated -
maximizing benefit for the plaintiff and creating a quick settlement
with low litigation costs for the defendant.
Fixed annuity payments are
income tax-free to the plaintiff, creating desirable tax benefits
associated with structured settlements. For the defendant, liability
can often be removed from the books.
In many cases it is more preferable and beneficial to the
plaintiff to obtain a guaranteed payment stream as opposed to a lump
sum.
