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FAQ for Injured Persons
  1. Introduction
  2. What Do I Need To Know?
  3. How Big is the Tax Break?
  4. How Secure Are The Payments?
  5. How Do Structures Compare With Other Investments?
  6. What Are the Disadvantages?
  7. When Would I Get My Money?
  8. What Have Other People Done?
  9. How Do I Get Started?
  10. How Flexible Are The Design Options?
  11. What Is A "Settlement Broker"?
  12. Who Pays Them?
Home Page > "How to" For Injured Persons >FAQ

How Flexible Are The Design Options?

Utterly flexible.  There is almost no cash flow you can design that can not be priced and built into your settlement.

Duration: payments can be made for as long or short a period as you like, even guaranteed for life, if that is your preference.

Frequency: you can have payments delivered monthly, quarterly, semi-annually, or annually.

Deferral:  you can defer the start date of any stream of payments to any date of your choosing.

Lump sums:  you can build large single lump sums at particular intervals in the future.  Example: $10,000 in year 5, $20,000 in year 10, $30,000 in year 15, etc.

Joint payments: you can design “second-to-die” payments to ensure lifetime income to another person.

Secondary beneficiary: you can designate another person to receive any guaranteed payments that remain after your death.

If you’ve given these issues thought and/or reviewed the forms, it’s now time to call your settlement consultant (also known as a “settlement broker”) to begin roughing up sample plans.