What Is A Structured Settlement Company

Structured settlement companies offer a lump sum for your periodic payments.

What is a structured settlement company. What is a structured settlement exactly and how does it work. The process of settling a civil case through a structured settlement involves the person who has been wronged the plaintiff the person or company who caused the harm the defendant a consultant experienced in such cases a qualified assignee and a life insurance company. A structured settlement company can help you get your annuity paid out as a lump sum. A structured settlement is an important financial planning tool available to parties in personal injury wrongful death and workers compensation litigation that provides essential income stability with tax advantages.

Structured settlements are legally binding. A settlement may allow the parties to a lawsuit to. People with lottery or contest winnings jackpot winnings are often set up as structured payments for tax. Protect your recovery with a structured settlement and create or augment a stable financial core.

For more about brokers see national structured settlements trade association. We researched and reviewed the best structured settlement companies based on reputation cost and more. It s another often smarter way to receive a court award for damages other than a lump sum payment. Liberty settlement solutions llc is a structured settlement company headquartered in florida that purchases structured settlements annuities and lottery payments and also offers pre settlement funding.

Structured settlement brokers a special type of insurance agent consult as a case approaches settlement. Second you ll need to provide documents to the company you are selling the structured settlement to. As part of the negotiations a structured settlement may be offered by the defendant or requested by the plaintiff. A structured settlement often referred to as a structured settlement annuity is a long term stream of payments to someone a plaintiff who has won or settled a civil lawsuit with a defendant.

Liberty settlement funding a k a. Structured settlement agreement process. Ultimately both parties must agree on the terms of settlement. First for a structured payment plan to take place there has to be a personal injury tort claim.

The company is an accredited bbb business with an a rating and 3 5 star customer reviews.