STRUCTURED SETTLEMENT SERVICES

Synergy provides expert services to help plaintiff attorneys and personal injury victims choose the right structured settlement plan for their situation.  Structured settlements are an innovative method of compensating injury victims with the use of annuities. Encouraged by the U.S. Congress since 1982, a structured settlement is a voluntary agreement between the injury victim and the defendant for future periodic payments. 

Structured settlement annuities provide for a safe and secure tax-free stream of income. Structured settlements are a pivotal part of the overall financial plan we develop for injury victims. Our structured settlement annuities are provided by the highest rated life insurance companies in the structured settlement marketplace. As independent advisers, we are not restricted to any particular life insurance company. We shop the marketplace to obtain the best combination of rated ages and investment returns. We offer unique pricing methods and reports to maximize our clients’ benefits and payouts.

Structured settlements are a powerful financial planning tool and are the cornerstone of many  financial settlement plans.  An expert Synergy planner can help determine if this option is right for an injury victim who needs guidance.  

We assist in preparing all necessary documentation and help with any required language that must be in settlement documents. We review, together with legal counsel, all legal documents associated with the structured settlement transaction to help counsel make sure they comply with the Internal Revenue Code provisions that govern the structured settlement transaction.

In addition, we can provide options for attorneys who want to defer taxation of their contingent legal fees using attorney fee structures.  Using a structured fee, attorneys can defer all or part of their fee pre-tax and receive payments over time. With a structured fee, an attorney will receive the same type of tax-deferral benefits as a Qualified Pension Plan without the complications and funding restrictions. Attorneys have payout options including when the benefits begin and end. Spreading fees over several years may allow an attorney to avoid a higher tax bracket. The tax money saved can be invested with a secure life insurance company with no money management fees.

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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.