FAQ

Attorneys with a contingency fee agreement also have the opportunity to structure their fees to receive a tailored income stream and defer income and taxes.

Settlement Funding Associates is a proud member of The National Structured Settlement Trade Association “NSSTA”.  It is the leading voice of the structured settlement industry and provides continuous updates and legal analyses of federal and state court decisions, laws and regulations that impacts the structured settlement industry.

To learn more about the National Structured Settlement Trade Association (NSSTA), please visit: http://www.nssta.com/

To learn more about the Internal Revenue Codes of Structured Settlements, please view the Periodic Payment Settlement Act.

To learn more about Richard A. Childs, et al vs. Commissioner of Internal Revenue Ruling, please view Richard A. Childs, Et. Al.

Through an analysis of each injury victim’s personal concerns and a detailed evaluation of their future demands.

No. Under Section 104(a)(2) of the federal Internal Revenue Code, the amount of damages (other than punitive damages) received (whether by suit or agreement) on account of personal physical injuries or physical sickness is excluded from taxes.

Yes. Payments are designed for a set number of guaranteed years or for the lifetime of the plaintiff.

No. Once the terms are set forth in the Release, the accepted payment stream cannot be accelerated, deferred, increased or decreased.

Structured settlements are offered by some of the strongest and financially secure life insurance companies in the world. Many of these companies have been in existence for more than 150 years.

The unpaid benefits within the guarantee period are paid to the injured party’s beneficiaries or their Estate and received by them on a tax free basis.

Yes –because a structured settlement disburses your settlement funds over a period of time it protects you and your family from spending your settlement dollars too quickly. Furthermore, unlike financial investments linked to the stock-market, the structured settlement payments are consistent and reliable and have no management fees.