4structures' John Darer cuts through the hieroglyphics
Questions and Answers About Structured Settlements
4structures' John Darer will cut through the hieroglyphics of whatever you want to know about structured settlements,
Have a question about structured settlements? We’re here to help. Call us at 888-325-8640.
If you have named a beneficiary, any remaining certain income payments and guaranteed lump sum payments remaining after you pass, will be paid to your named beneficiary or beneficiaries. If you have not named a beneficiary, or the beneficiary is no longer living (and you have not named a contingent beneficiary, then any remaining paymnets after you pass, will go to your estate
Be sure to review your beneficiary designations periodcally (and at least as often as tthere are any life changes) to be sure that the beneficiary designationr is aligned with your current wishes. If you wish to make a change and it is permitted under the settelments, you need simply notify the annuity issuer writing and in a proper format acceptable to the annuity issuer. They all have an easy to fill out beneficiary designation form. Call us at 888-325-8640 if you need assistance or have any questions
A structured settlement broker is paid 4% of the annuity premium by the life insurance company issuing the structured settlement annuity funding the future payments to the plaintiff. This amount does not change with the exception of structured settlements funded through Independent Life Insurance Company whose duration based compensation modeal sees rates vary from 2% to 6% depending on the duration of payments. If there is more than one broker involved, it does not cost any more, because the fee is split among the brokers, just like it would be in the purchase or sale of real estate where there is a buyer's broker and seller's broker.
Structured settlement annuity premiums, inlcuding qualified or non qualified assignment fees, must be paid by check or wire. 4structures.com LLC will provide payment instructions along with a W-9 for each Payee.
Because actual receipt would had to have occurred. Here is a link to how structured settlements work that may be helpful.
Stamford, CT 06902 USA
Have a question about structured settlements? We’re here to help. Call us at 888-325-8640
No, a structured settlement is not an annuity. A stuctured settlement is a form of settlement in which at least some part of the consideration for the settlement is paid in the form of customized streams of future perioidic payments. A structured settlement is most often funded with an annuity, although it could be funded with something else like US Treasury obligations.
The tax status of your structured settlement payments depends on the types of damages that each of the payments represent. You will find this information in the Settlement Agreement & Release. The intention of the payor is important and that's why it is vital to pay attention to review such documents very carefully before signing.
Read more about Structured Settlement Tax Benefits
The benefits of structured settlement, income stability and certainty to address known needs, with tax advantages and customzation far outweigh weigh disadvantages
No, a structured settlement is not an award. That's why it's called a settlement A structured settlement is the result of a negotiated compromise.
For more information see How Structured Settlements Work
You may see "awarded a settlement on the websites or blogs of structured settlement factoring companies or websites that generate leads for them such as Annuity.org or Structuredsettlements.com, but these websites are inaccurate in this regard.
4structures' John Darer® CLU ChFC MSSC CeFT RSP CLTC, responds to some common questions that people are asking about structured settlements in this 2016 video.
Some of the questions answered in this Structured Settlement FAQ video posted on Talking Settlement ™
For structured settlement questions, or for more structured settlement information, please call John Darer toll-free, at 888-325-8640, or 646-849-1588 if calling from New York City (Bronx, Brooklyn, Manhattan, Staten Island or Queens)
Lasted updated March 29, 2023
4structures.com, LLC
The Structured Settlements and Settlement Planning Company
43 Harbor Drive, #309 Stamford, CT 06902 USA
888-325-8640
646-849-1588
New York City (Manhattan, Bronx, Brooklyn, Queens, Staten Island), Westchester(NY), Nassau County (NY) , Suffolk County on Long Island (NY), Albany County (NY), Oswego County (NY), Steuben County (NY), Broome County (NY), Onondaga County (NY), Fairfield County (CT), New Haven County (CT), Hartford County (CT) New London County (CT), Tolland County (CT), Litchfield (CT), Middlesex (CT) , Bergen County (NJ), Middlesex County (NJ), Ocean County (NJ)
Structured Settlement Experts and Settlement Planning Consultants for settlements from claims or lawsuits arising out of Aviation accidents, Medical Malpractice, settlements involving Serious Personal Injury, Wrongful Death, Wrongful Incarceration, Employment, Civil Rights, Discrimination of any type, Auto accidents, Motorcycle accidents, Maritime accidents, Workers' Compensation, Product Liability, Real Estate Liability, Construction Defect claims or lawsuits, Landlord/Tenant,
Property, Attorney Fee Deferrals, Funding Agreements, Structured Installment Sales, Environmental Liability and Commercial Dispute settlements.
Structured settlements and structured settlement brokerage, settlement planning, Sudden Money®, financial transitionist, funding agreements and insurance related services provided by 4structures.com LLC.
Financial Advisory Services provided through Groove Financial Advisors , LLC, and its service partners.
Fiduciary services, including the custody and administration of trusts provided via service partners.
Securities and Insurance Products are NOT Insured by the FDIC, nor by any other Federal or State Government Agency, are NOT a Deposit of and are NOT Guaranteed by a Bank or any Bank Affiliate, and securities MAY lose value.
4structures (USPTO Reg. 4640532) , 4structures.com (USPTO Reg. 4640531) , We Know Structured Settlements (USPTO Reg. 3089738),
Because Certain Sells (USPTO Reg. 6237309) and We Know Structured Sales (USPTO Reg. 3490489), are Registered Trademarks of 4structures.com LLC.
John Darer is a Registered Trademark of John Darer (USPTO Reg. 4674907)
John Darer California insurance license 0761076
4structures.com LLC CA license OF19785 d/b/a 4structures Settlement Insurance Agency