Your hard work has paid off, so you and your client are now celebrating your well deserved win. But before you move on to the next case, you need to address the most important aspect of your victory - the money: yours and, more importantly, your client's. And when it comes to the money, you need your own expert. A properly designed structured settlement by the experts at High Impact ensures that your clients receive the maximum benefit they deserve.
In the past, payouts on awards and settlements were usually made in a lump sum, but statistics showed that the recipient is often undesirably burdened. Such an immediate influx of money comes with pitfalls like managing the funds to provide for future wants and needs - not to mention the pressures of dealing with "unsolicited" investment brokers, as well as friends and family also in need of money. Statistics have shown that over 92% of the time, lump sum payments are completely gone in as little as five years, regardless of how and why the money gets spent. The key to minimizing these pitfalls is to utilize a tool designed to combat those problems. This tool is the structured settlement.
High Impact Structures, LLC is a full service money management firm specializing in structured settlement annuities and other investment solutions for the catastrophically injured. Our team of professionals focuses on what is best for your client. This includes customized structured settlement design, life care plan analysis, trust services and other appropriate investment opportunities.
Simply put, we are here to help you and your clients successfully navigate the "what ifs" in life, including:
- Living longer than expected - what if the money runs out?
- Interest rate fluctuations - what if there is not enough money to pay the bills?
- Inflation - what if the cost of living grows faster than the income stream?
There are two basic types of structures. A fixed rate structured settlement annuity will provide a guaranteed inflation adjusted tax-free for life. A variable rate structured settlement annuity will provide stock and bond market rates of return and also tax-free distributions. This option is not guaranteed but historically has been shown to be one of the best ways to help beat inflation and build for a long term goal.
For questions about structures, or to discuss a particular case, please call us at 800.749.2184 or contact us for information.
