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The Role of Structured Settlements

Great, your case settled for a fair amount—now what? We recognize that you have your own personal and financial goals that are different from anyone else’s, and that’s why we make sure to set up your settlement with you in mind. Sometimes a settlement is received in one lump sum. Other times, you may opt to receive the amount owed to you through periodic payments known as a structured settlement. Unlike a lump sum payment that can incur heavy taxes, a structured settlement with periodic payments may be better because these payments are not taxed, leaving you with more money.

In a structured settlement, we create a plan that provides a sustainable income stream to cover your day-to-day and long-term expenses. We often rely on experienced structured settlement specialists who have in depth knowledge of the estimated costs of your care and your treatment. These specialists carefully plan your future expenses so you don’t have to worry about being unable to pay for your medical care or other costs.