WHY YOU NEED A SETTLEMENT PLANNER/CONSULTANT

The use of structured settlements and trusts to fund future needs for injury victims has become commonplace in today’s settlement landscape. Frequently, these solutions are proposed by the defendant as a way to settle the case. While this is not necessarily a bad thing, the techniques utilized by the defense in offering these solutions or the way the transaction is done may be to the detriment of your client. The settlement transaction can be complicated and can involve a host of legal issues that could present professional negligence traps for the personal injury attorney if he or she does not have their own expert to advise them.

Having an independent settlement planner involved in your case is vitally important. You need an expert that can be held accountable and legally liable to you and your client. The defense typically will use their own specialist so why wouldn’t you? The defense’s expert works for them and is not held accountable or legally liable to you or your client.

Nearly all settlement agreements release everyone on the defense side, including the defense’s settlement expert. So, who will you turn to if the defense made an error or omission in the settlement planning transaction? With your own settlement planning expert participating in the placement of the financial products, you have their Errors and Omissions policy available.  Unless your settlement planner actually participates in the placement of the products, you may find yourself without any recourse should the transaction be handled incorrectly.

PROTECTING THE RECOVERY

TESTIMONIALS

READY TO SCHEDULE A CONSULTATION?

The Synergy Settlements team will work diligently to ensure your case gets the attention it deserves. Contact one of our legal experts and get a professional review of your case today.