Your Financial Options

When you settle your personal physical injury or sickness lawsuit, you have many financial options for your settlement funds.  A list of general option categories is listed below.  You may use any one of these options or a combination of options.  For legal, tax or investment advice, you should always consult a legal or tax advisor.

Option A: Cash Settlement
Receive a single lump sum of cash tax-free and invest it in taxable financial products. 

Option B: Structured Settlement
Settle with a tax-free structured settlement annuity that pays you over time.

Option C: Trust
Establish a professional managed trust.  This is especially helpful for special or supplemental needs claimants.

Option D: Combination
Select any combination of the first three options.  For example, your structured settlement could provide some up-front cash in addition to periodic payments.  You may also decide to fund a special needs trust with a structured settlement.

With these financial options, you have a new opportunity to regain financial control of your life.  You know you can design a plan to meet your needs today but what about tomorrow?  An SFA Consultant can visit with you to help set up a plan that is tailored to your future financial goals.  To keep up with inflation, we can even add a Cost of Living Adjustment (COLA) to increase your payments on a scheduled basis.  This is just one of the many ways a Structured Settlement Consultant can help you create a plan specifically for you.  For more information, please contact a Structured Financial Associates (SFA) Structured Settlement Consultant today.

To download the National Structured Settlement Trade Association's brochure, Structured Settlements: Security and Stability For Your Retirement, click here.   

To view Structure versus Other Financial Options, click here.

Five Steps to Financial Health After an Accident

Maria Diamond, past president of the WA State Trial Lawyers Assn. and an ATLA board member, urges accident victims to consider the benefits of structured settlements. Originally published in Action Magazine, August 2006. To download this article, please click here.