Types of Tax Deferred Structured Settlements

(Non-Qualified Assignments)

• Attorney Fees*
• Non-Physical Injuries
• Emotional Distress
• Wrongful Termination
• Age Discrimination
• Punitive Damages
• Construction Defect
• Employment Litigation
• Divorce

Process of Obtaining A Tax Deferred

Structured Settlement

1. Plaintiff and Defendant negotiate an acceptable settlement agreeing that a portion of the award will be paid in future periodic payments.
2. Plaintiff and Defendant sign a Settlement Agreement and Release that acknowledges the Periodic Payments.
3. Defendant issues premium and transfers obligation to make future periodic payments.
4. Third party funds the payment liability by purchasing an annuity from a highly rated life insurance company.
5. The life insurance company issues an Annuity Contract of Guaranteed Periodic Payments to Plaintiff.

*Attorneys structuring fees also must complete a W-9 , W-4p and a Hold Harmless Agreement.