4structures Is Fully Committed to Clients During Covid-19
John Darer • March 23, 2020
Fully Operational Home Office for Over 21 Years
Dear Clients and Friends,
We trust that this finds you safe and healthy. We are living in extraordinary and unsettling times. With the coronavirus (COVID-19) global pandemic, our friends here in the USA and in the London Market, Europe, Asia, South and Central America, the Caribbean and throughout the world, have experienced dramatic changes to their daily lives. We want to let you know that John Darer and 4structures.com LLC are thinking of you and hope that your loved ones are also safe and well.
Fully functional remote capability
We've had a fully functional remote capability for over 21 years. All of our services and systems are functional at this time.
Some structured settlement annuity issuing life insurers initially switched to daily rate pricing for all quotes in early March, to be more responsive to daily interest rate volatility. Investment grade corporate bond rates are generally stronger drivers of structure rates rather than Treasuries.
My focus today is the same as it’s always been — supporting you and your clients by:
- Providing a comprehensive menu of settlement planning services
- Helping clients achieve optimal settlements
- Providing you and your clients with a balanced, safe and stable financial future
- Being one of only two Certified Financial Transitionists (CeFT) in the settlement industry. In these unprecedented times, such skills and unique protocols and process will be needed more than ever.
- Helping counsel with necessary documentation to successfully conclude your settlement
- Performing New York CPLR 50-A and 50B calculations and projections to help parties clearly understand the exposures
Video conferencing
We use tools such as Zoom for virtual client meetings, mediation and webinars which permit real-time, face-to-face interaction. You are able to see and speak to us and to follow you will also follow along and exchange materials. We plan to continue serving the legal community, supporting one another as we navigate this together.ensuring you have the most valuable settlement expertise and settlement planning advice possible, whenever and wherever you need.
As always, we are here for you and in this for the long haul.
Sincerely yours,
John Darer, President
4structures.com, LLC
The cap rate on index linked structured settlement annuities is a limit set by the insurance company on the maximum interest rate that can be credited to the annuity based on the performance of the underlying index that also helps provide the downside prtection..
Do your financial resources give you enough road, or will the road run out before you do? A structured settlement annuity helps mitigate the risk of outliving your savings, no matter how long you live. A structured settlement can inlcude one or more customized payment streams and types.
USAA Life Insurance Company, an A++ rated insurance company, issues structured settlement annuities with 1%, 2% and 3% COLAs. USAA Life structured settlements are exceptionally compatitive on lifetime benefit payments with long duration certain periods for ages under 35.
Owners of highly appreciated NY businesses or NY real estate may benefit from a structured installment sale tax deferral program as an alternative to a 1031 exchange. MetLife's structured installment sale program is now available in NY and in all 50 states. Call 888-325-8640 for more info
A qualified assignment is part of the process to establish a structured settlement that enables a Defendant, Insurer, or Qualified Settlement Fund, to achieve a complete novation of the future periodic payment claim established by suit or agreement, through a substitution of obligors.
An annuity and a structured settlement walked into a bar, how do you tell them apart? 4structures' John Darer reviews the differences for you right here.
A lifetime structured settlement annuity turns part of your settlement recovery into guaranteed income you can’t outlive that is contractually guaranteed by a regulated life insurance company. A lifetime annuity is sometimes referred to as longevity insurance.
Structured settlement annuities can be very helpful to the budgeting process by providing guaranteed income streams and deferred lump sum payments tailored to specific budget needs and time frames identified in the settlement planning process.
Structured settlement receivables are often deceptfully marketed to investors as annuities. When the originating structured settlement factoring company buys structured settlement payments in a structured settlement factoring transaction, they are buying a receivable not an annuity.
Avoid constructive receipt if a structured settllement or structured attorney fee is to be established. Care must be taken to avoid constructive receipt.
