Keeping the Lawsuit End in Mind

2 key points to stay focused on, as you are settling your lawsuit; a quick and fair settlement and consideration for current and future needs. The process of settling a lawsuit can be a tedious and mysterious event. Relying on your busy attorney to keep you informed can be an exercise in frustration. The entire process can seem as slow as molasses. Compounding the pain could be the financial and emotional difficulties caused by the source of the lawsuit itself.

On the other hand, legal representatives on both sides are contriving the fairest possible terms that both sides can find acceptable. Looking at the same problem from two different sides can generate two very difficult ideas of what is fair. Thus the negotiations can take more time than what would seem appropriate. But in most cases everyone is looking to complete the matter quickly and fairly. You will best serve your case by having reasonable expectations and demands, and being prepared to negotiate. I would recommend that you start high of course.

Planning for future needs is an important part of the settlement process. In some cases a set lump sum amount is the simplest and most efficient means of awarding and closing the lawsuit. Often a consequence of the case is some injury or need that a structured payout can best address. Children losing a parent, a worker losing the means to produce are just two of many examples of situations where future periodic lumps could be most advantageous. Monthly payments to help with regular financial needs, and periodic lumps to meet major life needs like college, home buying, retirement, etc.

There is also a belief that a lump sum up front gives the recipients the opportunity to invest on their own. This may or may not be the best option depending on the current and future needs of the plaintiff and the access to the best possible investment guidance to safeguard their financial investment. Either way, focusing on a quick and fair settlement, that has current and future monetary goals in mind, is in the best interests of all parties.

Jason Rigler

Settlement Advocate and consultant for Prosperity Partners Customer Service Department.

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Structured Settlement Firm Names New President/CEO and Chairman of the Board
Benzinga
Prior to being appointed president, Rich has led the company's Pittsburgh office for 16 years as a successful structured settlement Consultant. Robert Lee, CEO of SFA's parent company Integrated Financial Settlements (IFS), has been named Chairman of ...


Structured Settlement Industry Leaders Unite: Millennium Settlements separates from Integrated Financial Settlements ...
PR Newswire (press release)
Sage is the premier provider of comprehensive settlement solutions with more than 75 full-time settlement consultants serving claimants and their attorneys nationwide. In addition to providing traditional structured settlement annuities, Sage offers ...


2018 Best of Texas Lawyer Recognizes ROBINYOUNG & COMPANY Among Texas' Top Rated Structured Settlement ...
PR Web (press release)
ROBINYOUNG & COMPANY, INC. earned spots for the seventh consecutive year in the Texas Lawyer 2018 Texas' Best Of edition as one of Texas' Top Rated Structured Settlement Firms, which recognizes Texas service experts and specialists by associates' ...


JD Supra (press release)

Court Dismisses Claims Alleging Undisclosed Deductions from Structured Settlement Funds
JD Supra (press release)
The latest attempt to hold casualty carriers and annuity issuers liable for allegedly failing to disclose deductions from the amounts used to purchase structured settlement annuities for plaintiffs' benefit has been dismissed by the U.S. District Court ...


Structures to separate from Integrated Financial Settlements (IFS)
PR Newswire (press release)
Structures provides cutting-edge settlement solutions and financial programs utilized in the settlement process by working with plaintiffs, contingency fee attorneys, defendants, casualty carriers, and self-insured entities through appointed structured ...

and more »

Head-To-Head Contrast: Asta Funding (NASDAQ:ASFI) vs. PwrCor (PWCO)
Fairfield Current
The company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements, and GAR Disability Advocacy. The Consumer Receivables segment involved in the purchase, management, and servicing distressed ...

and more »

Insurance – RICO – Fraudulent misrepresentation
Massachusetts Lawyers Weekly
Where the recipients of structured settlements claimed that insurance companies had unlawfully deducted commissions from the settlements, the plaintiffs failed to meet the RICO standard of showing that the defendants associated together for a common ...


Legal Talk Network

Merrimack Valley Gas Explosions
Legal Talk Network
... and co-host, Joan Pagnano discuss pending litigation and next steps for the victims of this disaster with guest Patrick Haines, the managing attorney for Napoli Shkolnik PLLC. Visit Ringler to contact a consultant in your area about structured ...


AGs Can Try To Oppose Doctors' Settlement, NJ Judge Says
Law360
The way the settlement is structured, according to the prosecutors, doesn't give doctors the option to “opt-out” of the class and go after monetary damages, which “plainly” vary. The prosecutors invoked the U.S. Supreme Court's 2011 ruling in Wal-Mart ...


Asta Funding (ASFI) versus Nicholas Financial (NASDAQ:NICK) Head-To-Head Contrast
Baseball Daily News
The company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements, and GAR Disability Advocacy. The Consumer Receivables segment involved in the purchase, management, and servicing distressed ...

Google News

Unstructured Settlement

Me'Lisa Delaney, 43, is brain-injured as a result of a... Read More

Surviving High Debt States

Are you more likely to have more debt according to... Read More

A Revolutionary Fundraising Opportunity -- Life Settlements

Amid fundraisers' growing concerns about the current charitable giving climate,... Read More

Lucky

Have you ever looked around and wondered how everyone is... Read More

Making Backwards Choices

I was reading this past week about a woman who... Read More

Structured Settlements Offer Advantages over Lump-Sum Payments

A structured settlement, which offers injury victims cash payments through... Read More

If This Describes You, Dont Cash out Your Annuity

There are companies that purchase future payments. Personal injury settlements... Read More

The Cost of Not Having Money

The self-esteem factor of not having enough money is underestimated.... Read More

The Cash Now Question

If you have ever been in a bind for cash... Read More

Keeping the Lawsuit End in Mind

2 key points to stay focused on, as you are... Read More

Structured Settlement as an Investment Vehicle

You always hear people talking about the latest investment vehicle... Read More

Structured Settlement Factoring

Have you received a structured settlement recently? A structured settlement... Read More

Structured Settlements ? Should You Sell Yours?

In recent years, it has become more common for victims... Read More

Annuity Transfer - What Are the Risks

Many people who know in the back of their minds... Read More

The Target Capital Structure

Firms can choose whatever mix of debt and equity they... Read More

Consider a Structured Settlement?

Structured settlements have been around for a long time however... Read More

Structured Settlement ? Guaranteed Income for those with Disabilities

Up until twenty years ago, anyone who won a lawsuit... Read More

Individual Voluntary Arrangements. IVA

What is an IVA?There is an alternative to bankruptcy called... Read More

How To Form a UK Limited Company

When starting a business, a large number of people go... Read More

What is a Trust and what are the Benefits?

Trusts are becoming a popular way to structure business and... Read More

Should You Sell Your Structured Settlement?

The courts have just awarded you a settlement in the... Read More

Investing in Structured Settlements

Often some derelict will be awarded some huge amount of... Read More

Class Action Lawsuits

First of all, let me say that anyone who has... Read More

What is a Structured Settlement

A Structured Settlement is an agreement between a personal injury... Read More

Options for Lawsuit Settlement Winners Receiving Periodic Payments

On January 22,2002, President George W. Bush signed into law... Read More