Settlement Planning

Ohio, Michigan, & Nationwide

Structured settlement planning can benefit anyone who has been awarded or settled a personal injury, wrongful death, or workers’ comp case. A structured settlement turns a large lump-sum award into a series of guaranteed, tax-free payments over time. If you need dependable assistance with structured settlement planning, contact CW Settlements. We can assist with attorney and claimant planning as your structured settlement consultants.

What Is a Structured Settlement?

A structured settlement allows a claimant to organize all their settlement funds or a portion of their compensation from their personal injury, wrongful death, or workers’ comp settlement into a succession of income tax-free periodic payments.

Alternatively, clients of CW Settlements have used a structured settlement for a non-physical injury to obtain tax-deferred income. That way, they don’t have a fully taxable lump sum of compensation immediately as a settlement payment.

When you discuss your unique situation with CW Settlements consultants, we can explore your structured settlement annuity options. You can consider:

• Fixed-indexed annuities
• Deferred income annuities
• Multiple-year guarantee agreements
• Single premium immediate annuities

In 2024, American companies paid over $40 billion in compensation from claims, so it’s important to find the right team to assist with your own structured settlement agreement. At CW Settlements, we have decades of experience in the structured settlement industry. We create custom plans and maximize tax benefits. Our team can secure long-term financial security after a settlement.

We understand that every situation is different, so you should discuss your options with an advisor to make an informed decision.

How Do Structured Settlements Work?

Before finalizing your settlement agreement, you must decide whether to use a structured settlement. If the parties agree to the proposed details for your structured settlement, the claimant resolves their liability claim. Then, the settlement funds are paid to a third-party assignment company. As a result, periodic payments are issued based upon a previously agreed-upon amount and timeline.

Why Should I Consider a Structured Settlement?

Of note, a structured settlement can be created for a settlement of almost any size. Many agreements are set up for amounts as small as $10,000. Many people find that structured settlements offer a variety of benefits. For example, they can:

• Prevent money from dissipating rapidly, which happens with a lump-sum payout.
• Provide predictable compensation.
• Protect you from market fluctuations.
• Provide flexible payment options and disbursement schedules.

We can explore a variety of options to meet your needs. Reach out to hear more about our available customized plans.

Request Structured Settlement Planning Services at CW Settlements Today

As structured settlements have become increasingly popular, more claimants have opted to seek options other than lump-sum payments. If you’ve resolved a claim by settlement, it’s important to consider your available choices and meet with CW Settlements.

Our compassionate and knowledgeable settlement consultants, settlement planners, and case managers can provide unbiased advice. We can work with you to fit your specific needs and protect your interests. We can act as your advocates to make sure your settlement provides financial stability and protects your interests.

Request structured settlement planning services from the experienced team at CW Settlements. To learn more as an attorney and/or a claimant, contact us today.