When is the best time to consult with a structure settlement expert?
Now. I don’t think there is a good reason to wait. If you’re going to or already are seeking damages via the court system, you need an expert, including a structured settlement consultant.
Can Tay recommend an attorney?
Absolutely. Tay can suggest attorneys for any case from a dog bite or car accident to wrongful termination or medical malpractice. Tay has worked with attorneys of various specialties across the country.
Can you structure just a portion of your settlement?
YES. In fact, it is the rarest of settlements that structure 100%. In about 99% of cases, there is cash paid up front and then a portion structured to guarantee some future financial security.
Do I have to structure my settlement?
NO, and this shouldn’t be a tricky question, but for the silly advertising that would suggest people are being forced to structure. Utilizing a structured settlement annuity is a choice, not an obligation. Although anything is negotiable and some defendants may try to force you to structure, you can say no.
Why are structures a great way to invest money?
Because among other advantages, they provide guaranteed tax free income in personal injury settlements, and guaranteed tax deferred income in non-personal injury settlements. Also, because the money is not in “your” name (it’s set aside for your future benefit as a term of your settlement), you get inherent protection.