Attorneys
Structured settlement solutions for attorneys, law firms, and their clients
Structured Settlement Support for Attorneys and Their Clients
Independent Life provides qualified and non-qualified structured settlement solutions, as well as attorney fee structures designed around the needs of attorneys, law firms, and settlement recipients. Tax treatment depends on the facts and circumstances of each case, so attorneys and clients should consult their own tax and legal advisors.
Focused Pricing
Responsive Service
Practical Settlement Solutions
SPECIALIZED PRICINGMedical Underwriting and Focused Expertise Support Thoughtful Settlement Design
We do not rely solely on industry tables or historical data to determine an injured person’s life expectancy. Instead, when appropriate, we assess and use rated ages specific to injury claimants for better estimates. For larger, more complex cases, our Tier 2 underwriting process may include additional review and outside expertise to help settlement professionals evaluate appropriate payment options.
Independent Life’s focused business model and structured settlement expertise support pricing informed by current market conditions. Our team works with settlement professionals to develop payment designs intended to address each recipient’s documented long-term needs.
RESPONSIVE SERVICEDirect Access to an Experienced Structured Settlement Team
It all starts with our hands-on executive leadership team, who collaborate on cases, adding deep experience and innovative perspectives. Our team combines hands-on case collaboration with technology that supports the process from quoting through policy administration.
We prioritize clear communication, timely case support, and coordination among attorneys, settlement professionals, claimants, and other parties throughout the structured settlement process.
PRACTICAL SOLUTIONSStructured Settlement Options for Clients and Law Firms
- Payee protection: Our Payee Protection Policy provides an additional layer of support when a payee considers transferring future structured settlement payment rights.
- Settlement options: Explore qualified settlements, non-qualified settlements, and iStructure Select.
- Attorney fee structures: Eligible contingent fees may be scheduled over time when the arrangement is established correctly before settlement. Attorneys should consult their own tax and legal advisors.
Structured Settlement FAQs for Attorneys
Answers to common questions from attorneys and law firms
How can a structured settlement support a client?
A structured settlement can provide scheduled payments designed around anticipated needs such as medical care, education, housing, or ongoing income. The appropriate design depends on the case and the recipient’s circumstances.
What is the difference between qualified and non-qualified settlements?
Qualified settlements generally involve claims for physical injury or physical sickness, while non-qualified settlements may involve other types of claims. Tax treatment varies, and the parties should obtain independent tax and legal advice.
Can attorneys structure their fees?
In some cases, eligible contingent fees may be structured so payments are received over time. The arrangement must be established correctly before settlement documents are finalized, and attorneys should consult their own advisors.
When should the structured settlement team be involved?
Early involvement can provide more time to evaluate payment options, coordinate documentation, and address case-specific questions before settlement terms are finalized.
Contact Independent Life to discuss a case with our structured settlement team.
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Deep expertise combined with unparalleled access. Market-leading underwriting and pricing, plus turnaround times that redefine industry benchmarks. Innovative solutions that challenge convention. Impressive credentials plus best-in-class partners to back it all up.
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P.O. Box 679053
Dallas, Texas 75267-9053
Fax: 904-869-0976
Any discussion of taxes herein is for general informational purposes only and does not purport to be complete or cover every situation. Independent Life, its affiliates, its distributors, and its and their respective representatives do not provide tax, accounting, or legal advice. You should confer with your qualified legal, tax and accounting advisors based on your particular circumstances. All guarantees are obligations of Independent Life Insurance Company.