With a structured settlement in place, your client will experience the security of a custom-designed series of payments to meet everyday needs, significant medical expenses or future obligations like a college education or retirement.
As importantly, structured settlements remove the stress and responsibility of managing settlement proceeds and clients are better protected from the risks of market volatility, unplanned tax liabilities and overspending and exhausting the funds.
Independent Life brought non-qualified assignment flexibility back to the marketplace and remains one of the few providers.
Attorneys and brokers find structured settlements useful even for cases that don’t meet the requirements for tax-free benefits. Non-qualified structures defer and spread taxes for the plaintiff and save both the plaintiff and defendant time and trial and appeal costs.