Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
The STRUCTURED SETTLEMENTS 4REAL® Blog is a highly regarded source for structured settlement news, information, and commentary, led by structured settlement and settlement planning subect mater expert John Darer CLU ChFC MSSC CeFT RSP CLTC. With two decades of operation, the blog and 4structures.com are recognized as comprehensive resources, offering detailed guides and specialized insights. Established in 2005, the blog caters to a broad audience, including legal professionals, injured individuals, families, and various stakeholders, providing reviews and opinions on settlement planning. John Darer, President of 4structures.com LLC, is a seasoned structured settlement expert with over 40 years of financial services experience and 31 years specializing in structured settlements. Based in Stamford, CT, he is a Certified Financial Transitionist and Registered Settlement Planner, holding insurance licenses in 45 states and the District of Columbia. John Darer is dedicated to transparency and advocacy, he emphasizes the importance of engaging trained and licensed professionals for settlement planning, offering valuable insights through his investigative journalism and professional commentary.
A structured settlement can provide contractually guaranteed steady income that is income tax free if the payments represent damages on account of physical injury, physical sickness, wrongful death or worker’s compensation
There is nothing to manage or organize, you don’t have to obsess over investment decisions or worry about the ups and downs of the stock market like you would investing in a stock.
But why not hand your structured settlement to a pennies on the dollar merchant—because who wouldn’t relish the spectacle of their money doing the cha-cha, somersaults, and the limbo beneath the country’s most laughably low financial bar?
Let the Fox in the Henhouse to Organize Your Structured Settlement?
Don’t fall for it. It’s already organized. Unless you’re into a financial dissection.
Structured Settlement Maintenance
The few simple things you need to attend to over the life of your structured settlement:
Keep your beneficiary information up to date with changes in your life.
If you get married, divorced, have a child, have another child, a beneficiary dies, you should submit a change of beneficiary. That way if you die before all of the certain or guaranteed lump sum payments are made you can dictate who the payments will go to.
Naming a beneficiary and keeping it current helps your heirs avoids an arduous probate process if the beneficiary is simply your estate.
Keep bank information up to date if you receive your structured settlement payments by direct deposit to your bank account.
Submit a change of mailing address each time you move. Some structured settlement annuity issuers may also have your email address so be sure to keep that up to date too
Note: If you sell any part of your structured settlement payment rights and a servicing arrangement is in place you may need to provide the above information to the servicing company. If you sell any part of your structured settlement and there is no servicing agreement in place you will need to keep track of the resumption date for the structured settlement payment rights you did not sell.
Beware Cash Now Pushers Claiming to be “Structured Settlement Organizers”
Novation Settlement Solutions recently laid out “click bait” (see image above right ) by falsely suggesting that you need to organize your structured settlement.
Novation Settlement Solutions is the DBA used by a West Palm Beach company called Novation Funding LLC. At the end of the day, Novation Funding LLC in what ever doing business as life form it takes, aims to get you, to sell your structured settlement payments so it can make money. Lots of money.
