The need might arise for your company to apply for a litigation finance agreement when involved in a lawsuit. Taking on large corporations is not financially feasible for many smaller companies, which is where litigation finance can help. The team at Silver Dollar Financial offers litigation finance for companies of all different sizes so they …
Benefits of Structured Settlements
If you win or settle a lawsuit, you may receive a lump-sum payment or a structured settlement. With a lump-sum payment, you receive the full amount of your settlement upfront. Comparatively, with a structured settlement, you receive smaller tax-free payments at regular intervals in lieu of a lump sum. At Silver Dollar Financial, we offer …
What Are Some Of the Federal Tax Rules That Make Structured Settlement Annuities Beneficial?
Structured settlement annuities have their pros and cons. Overall, the federal tax rules that apply to them make them a good choice for anyone receiving a personal injury settlement. While you don’t get access to your settlement quickly, the slow payments can work in your favor as well. If you find that your structured settlement …
Why Should I Sell My Structured Settlement Annuity?
Since the Periodic Payment Act of 1982, structured settlements have been a popular choice for many personal injury victims when receiving their settlement. Structured settlements offer tax-free payouts of compensation through an annuity issued by an insurance company. While there are many benefits to structured settlement annuities, they can also serve to harm you as …
Who Determines the Amount of Payment and the Payment Schedule in Structured Settlements?
Structured settlements get determined by both you and the defense. Both parties will come to an agreement in court or during negotiations about how much you will get paid and the timeframe of the payments. While you do have a say in how much and how frequently you get paid, structured settlements are notorious for …
What Kind of Flexibility Is Associated with Structured Settlement Annuity?
Structured settlements can be very beneficial to those that wanted a payout schedule. While it may seem restrictive, structured settlement annuities can have a lot of flexibility. You can cover various expenses and have the control you need to restructure your financial situation after an accident causes you injury. There are times when structured settlements …