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Structured Settlements
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"For years, the insurance industry has tried to determine how to bring the advantages of 'structured settlements' to environmental cleanups," said Tom Gutowski, director of environmental structured settlements at Allstate Financial, a business unit of The Allstate Corporation. "We believe the Clean Environment Trust provides the answer."
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Financial adviser Joseph W. Tombs calledthe dissipation of structured settlement assets "the 800 lb. gorilla." In his presentation, he includedmethods that structured settlement consultants can use to manage the prospect of dissipation in a proactive way via working in a planning capacity with clients and planning for the prospect in the settlement process.
Aviva's structured settlements are exceptionally flexible and can be designed for virtually any set of needs. A relatively simple payment schedule can be set up that provides for equal payments at set intervals; for example, every month for 20 years.
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[S]tructured settlement payments calculate inflation into the payment plan. This means that over time you actually are paid more than you would be if you got the amount all at once.
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If you wish to sell your structured settlement, see to it that you sell your payments to a trusted company, since a transaction of this nature cannot proceed without the ruling of a judge. Likewise, if you wish to purchase a structured settlement, you must look for a reliable structured settlement company that you can trust.
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