Many of you have seen the television commercials asking, "do you have a structured settlement of an injury case paying money over time, but you need cash now?" These companies want to buy the structured settlement at an unfair, substantial discount so the COMPANY will then own the valuable annuity that pays much more over time.
Our Atlanta, Georgia personal injury law firm settles many serious cases using the benefits of a structured settlement. These are made up of special annuities that will pay significantly more over time than would a lump sum amount received at the time of settlement. They are carefully drafted to comply with Georgia and federal law to protect our client's interests.These structed settlements can make sure that enough money is available to take care of longterm needs.
Numerous studies now are confirming that in this tough economy structured settlements are even more valuable than ever. They provide safety, reliability, fexibility and security.And they pay more to the client over time than the actual dollar amount of the settlement.A structured settlement is not right for every case. We discuss all issues of settlement with our clients to make sure that the settlement is right for their particular situation.
Sources: Amanda Bronstad / The National Law Journal - March 25, 2009
American Insurance Association / Press Release - March 19, 2009
