A structured settlement will appeal to an individual who is in or near retirement age. Typically, such an individual will be risk adverse and attracted to the safety, security, and guarantees inherent in a structured settlement. Another significant factor is that earnings distributed from "annuities" are not considered in the calculation of taxes on Social Security income as are CD’s, Municipal Bonds, etc. The payments can be designed to maximize current income, as well as provide for beneficiaries such as a spouse, children, or grandchildren.

Here is an example of what can be done:

A married couple, age 70 have $100,000 to invest. One option is to provide an income tax-free monthly benefit of $760, Joint and 75% Survivor with a 15 year guarantee. This provides a guaranteed income of $760 per month for 15 years. Thereafter, the couple continues to receive $760 per month until the death of one spouse. The surviving spouse then receives monthly lifetime benefits of $570 (75% of $760). The advantages:

• Both claimants can count on monthly income for their entire lifetimes;
• The level of monthly income is greater than what can safely be obtained from other conservative investments;
• If both claimants die prematurely, the remaining guaranteed monthly payments could be paid to children or grandchildren.

We can design numerous plans to fit your individual client’s needs.