| Steps
Involved in a Structured Settlement
An Illustrative Example
Step One:
A professional knowledgeable about the use of structured settlements is
brought into the negotiations and works with the claimant to educate and
identify the best alternatives relevant to their case. ( Local contacts
)
Step Two:
With the assistance of this professional the present and future financial
needs of the claimant (and possibly beneficiary or dependents) are assessed
and a structured settlement plan is drafted.
Step Three:
An amount is agreed upon by both the claimant and defendant (or insurer)
in which often times an immediate sum of cash is set aside to cover legal
fees and other immediate financial commitments along with some immediate
cash compensation for the claimant.
Step Four:
The remaining portion of the settlement the defendant (or insurer) agrees
to could be used to purchase an annuity from a life insurance carrier
(such as Hartford Life) to fund the agreed upon future payment stream.
Step Five:
The claimant then receives periodic payments from the life insurance carrier
(or annuity issuer) as outlined in the agreed upon structured settlement
plan.
Structured
Settlement 1.Get tomorrow's money today. If you have future payments
coming to you in the form of structured settlements or annuities and you
need cash now, let us get you what you need.
Structured
Settlement 2. J. G. Wentworth gets you the cash you need now.
Why would you work with anyone else, when you can work with us?
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