Non-Qualified Injury

Articles and information on non-qualified structures and related settlement industry news.

MetLife Offers Non-Qualified Structured Settlements Through U.S.-Based Met Tower Life

MetLife is now offering non-qualified structured settlements from its U.S.-based Metropolitan Tower Life Insurance Company (Met Tower Life). These non-qualified structures are for non-physical injury settlements that fall outside the tax-free physical injury claims definition outlined by IRS tax code. These taxable settlements often involve employment litigation, punitive damages, contract disputes and construction defect claims.

Timing for Structured Settlement Discussions

Attorneys often ask me, "When is the best time to bring in a structured settlement broker to a case?" The short answer is early.

What is a “Structured Settlement”?

Structured settlements are tax efficient and can have asset protection and spendthrift advantages too. Like other tax deferral ideas, their results are more impressive the longer their term and the slower they pay out. They aren’t for everyone, and you shouldn’t structure every nickel you receive. Once they are set up, they generally can’t be changed.

Sample Structured Settlements Show A Variety of Options

For some the structured settlement process is best illustrated by sample structures.

Helping California Courts Protect Settlement Beneficiaries [Los Angeles Lawyer – March 2010]

Factoring Beginning in the late 1980s, a new wrinkle emerged in structured settlements. Entities known as factoring companies targeted individuals who had structured settlements, buying the future structured settlement payment rights for a discounted lump sum, usually a fraction of the overall settlement figure.

Structured Settlements Offer Clients Financial Security

Clients choosing cash settlements assume the risks associated with their investments during both stable and volatile economic times. Clients requiring lifetime care and support usually do not have the luxury of being able to weather market ups and downs and fluctuating incomes, especially when unforeseen medical emergencies are part of life.

Structured Settlements Under $50,000: Better Than Lump Sum Payout? [Litigation Commentary & Review – October 2010]

When most people hear "structured settlement," they assume the dollar amount of the injury settlement is for hundreds of thousands of dollars or more. Surprisingly, that's not always true. Over the past 20 years, more than 50 percent of the structured settlements facilitated by Ringler Associates, the world's oldest and largest settlement annuity firm, were less than $50,000. Another approximately 17 percent were between $50,000 and $100,000. These figures are typical in most annuity firms.

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