Payments can be scheduled so that funds are available at the points in time when they are needed, for items like medical care, retirement, mortgages, short-term liquidity, estate development and preservation, or higher education.
Structured settlements encourage sound financial planning. Insurance statistics indicate that 25%-30% of accident victims who receive lump sums completely dissipate their judgments or settlements within two months of recovery, as do 90% within five years. Structured settlements, which involve agreed upon amounts and times of payments, protect against such dissipation.
When executed in accordance with existing tax statutes and regulations, all structured settlement payments are received federal income tax-free. By contrast, lump sum settlements generally produce taxable income when invested.
Structured settlement payments are secure. Using a highly rated life insurance company avoids the risks of the open marketplace. The agreed-upon payments are contractually promised payments, not projections. They will be paid as stated in the settlement, because they don't hinge on future interest rates or other unpredictable factors associated with other kinds of future oriented investments.
The periodic payments have no hidden administrative fees—no brokerage fees, investment advisory fees, trustee fees, accounting fees, or additional legal fees.
A structured settlement "Life" annuity is the only investment that provides a guaranteed lifetime income. A person can never outlive a structured settlement life annuity. The "Life" annuity pays until death regardless of when it occurs.
Guiding You Through the Process
At TLC Structured Settlements, we understand that navigating financial decisions after a legal settlement can be complex. Our team of experienced attorneys and settlement consultants is here to guide you through every step of the process, ensuring that your structured settlement is tailored to meet your unique needs.
We work closely with injured parties, attorneys, financial planners, and trust professionals to create customized solutions that maximize financial security while maintaining compliance with legal and tax regulations. Whether you are structuring a personal injury settlement, a nonqualified claim, or attorney fees, we ensure you fully understand your options and make informed decisions.
From initial consultation to finalizing the structured settlement plan, we provide clear, step-by-step guidance so you can confidently secure your financial future.
Structured Settlements offer guaranteed, tax-free income for an extended period, helping to ensure financial stability. Unlike a lump sum, which can be spent quickly or mismanaged, structured payments provide long-term security and protect against market fluctuations.
Traditional structured settlements provide guaranteed, fixed payments over time, but Index-Linked Structured Settlements offer a dynamic alternative. These innovative annuities allow for potential payment increases based on the performance of a selected market index, such as the S&P 500.
Payments may increase based on market performance.
Payments are never reduced, ensuring financial stability.
Like traditional structured settlements, payments remain tax-free under IRC Section 104(a)(2).
Claimants can choose between fixed and index-linked payment streams to align with their financial goals
Index-linked options provide an attractive balance between security and potential growth, making them an excellent choice for long-term financial planning.
