Background Structured settlements are a method of compensating plaintiffs who have won personal injury lawsuits. Allowed by the U.S. Congress since 1982, a structured settlement is an agreement between the individual plaintiff and the defendant for the plaintiff to receive certain guaranteed payments over time from an approved annuity issuer. When a plaintiff is granted…
We are back… where were we? oh yes, here are points that you need to know when you sell your structured settlements. 1. Don’t judge a book by its cover Slick buyers will try to impress you with all sorts of “facts”-which may or may not be relevant to your situation. They may tell you…
One of our attorneys was recently contacted by an annuitant who needed our attorney’s advice on an urgent matter. This annuitant had completed previous transactions involving his companies structured settlement payments with two different factoring companies. According to Strategic Capital’s attorney, the annuitant was articulate and appeared to understand completely his transactions. The reason for…
Dear KJA Member: As trial attorneys, we work every day to help clients protect their settlements by working with them to create structured settlements that may help provide them income over their lifetimes, or for a college education, or for major milestones in their lifetimes. Too often, we find if they take the lump sum…
December 2010, Forum Magazine featured an article written by Stephen Knight on behalf of Strategic Capital. The article discusses how the changes in the California statute protect structured settlement holders who need to sell their payments by highlighting two cases, where annuitants needed to sell their payments and pays special attention to how the changes…