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Not every settlement fits neatly into a qualified structured settlement category for physical injuries. SFA offers a resolution for disputes and claims that do not fit the standard structured settlement form, a Non-Qualified Annuity.

New applications for the structured annuity concept have been developed for use in resolving certain business disputes or facilitating the sale of a business or property on an installment sale basis.

Prior to the development of non-qualified annuities, if either the annuitant (the person receiving the periodic payments) or the annuity purchaser owned the annuity contract, certain adverse income tax or accounting consequences may have occurred. Non-qualified assignment was developed to eliminate these undesirable outcomes by permitting the assignment company to own the annuity in a manner similar to the assignment process used in qualified physical injury and workers’ compensation cases.

In a non-qualified structure, a corporate assignment company receives financial consideration from the original responsible party and subsequently purchases a non-qualified annuity to fund the future payment obligations. 

You can access more information on non-qualified structures by viewing Structured Attorney Fees  and Other Non-Qualified Structures .