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Consider a Structured Settlement?


Structured settlements have been around for a long time however their popularity has steadily increased over the past 6 years. In 1999 only 7% of insurance settlements that were under $7,000 were completed as structured settlements. While we don't have hard data for the current year, the number is much higher now.

Because of the fast increase in popularity of using a structured settlement as an option for lawsuits, many people are forgetting to consider the option of pursuing structured payments when settleing a lawsuit.

There are many reasons to consider a structured settlement as a funding option for a legal settlement:

  • Clients ability to work long term is questionable
  • Clients lack of ability to manage finances in the past
  • Clients doesn't want to manage a large settlement
  • Immediate medical bills don't affect the client
  • You can get a higher settlement if paid over a longer time

Another type of legal option which can be finalized as a structured settlement are real estate lawsuits. While it hasn't been very popular in the past, real estate structured settlements are gaining in popularity.

You can find out more about real estate structured settlements at UtahRealEstatehelp.com. They have good information about funding structured settlements for real estate.

One last reason why legal counsel should consider structured settlement payments for their clients is because of the flexibility it provides clients. For people who don't have personal finance management skills, it provides them the management. For people who don't have job security, the structured settlement payments provide them the security of knowing the money is going to be there.

Also, if the situation should arise in which a structured settlement holder should need a lump sum of money, they can get cash for structured settlements by selling to a structured settlement buyer. This allows them to get a large amount of cash right now for their structured settlement payments.

John Jonas is an entepreneur and a family man with interests in real estate, marketing, and financial products. You can find out more at his Jonas Family website.


MORE RESOURCES:

Imperial Structured Settlements, LLC Announces Employee Incentive ...
MarketWatch - Nov 20, 2008
Imperial Structured Settlements, LLC is a specialty finance company that purchases structured settlement payment rights and certain annuities from ...


Litigation Structured Settlement: Why You Get Payments
HULIQ, NC - 14 hours ago
Many people are getting litigation structured settlements, but probably aren't even sure what the details of the deal are, or why they're entitled to it. ...


The #1 Reason Consumers Sell Their Structured Settlements Is to ...
EON, WA - Oct 28, 2008
“Approximately 71% of the surveyed consumers selling all or part of their structured settlements have held them for more than 10 years, and we believe that ...


Ringler Associates(R) Board Elects New Member Ann Marie VonBank
MarketWatch - Nov 3, 2008
VonBank has 17 years of experience in both the insurance and legal fields, focusing on structured settlements exclusively since joining Ringler Associates ...


LAWSUIT FINANCIAL ANTICIPATES CHANGES IN LEGAL CLIMATE
dBusinessNews Detroit (press release), MI - Nov 18, 2008
Lawsuit Financial will also provide attorney funding for litigation costs, structured settlements, expert witness fees, and pending attorney fees. # # #


Father paved way for Street's debut
Denver Post, CO - Nov 17, 2008
... and Nixon Coming" — on Monday, at the Austin, Texas, offices of The James Street Group, a financial firm that specializes in structured settlements. ...


Peachtree Renews Credit Facility for Purchase of Lottery Prize ...
MarketWatch - Nov 3, 2008
Through its group of affiliated companies, Peachtree caters to people seeking to sell structured settlements payments, annuity payments, lottery prize ...


Stone Street Capital Sponsors Charity Golf Classic to Benefit the ...
MarketWatch - Nov 5, 2008
For 20 years, Stone Street Capital has helped thousands of people receive cash for their structured settlements, annuities, lottery prizes, and other future ...


SeniorJournal.com

Medicaid Picture Changing Rapidly for Senior Citizens Holding ...
SeniorJournal.com, TX - Nov 5, 2008
... largest purchaser of future payments, offering a lump sum of cash to individuals who hold assets in the form of structured settlements and annuities. ...


Imperial Finance & Trading, LLC Employees Participate in Health Fair
Business Wire (press release), CA - Oct 30, 2008
(BUSINESS WIRE)--Imperial Finance and Trading, LLC, a leader in premium finance for life insurance, life insurance sales and structured settlements, ...

Structured-Settlements - Google News

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