STRUCTURED SETTLEMENTS Serpe Insurance

The structured settlement has been an effective tool for a legal defense to hold down payouts since its invention in the 70s. It now offers Plaintiffs and their counsel the opportunity to obtain maximum benefit from settlements and verdicts, while maintaining control and achieving the most favorable tax and economic treatment. Serpe Insurance can assist the Plaintiff and Plaintiff's counsel in realizing these goals.

Advisory Services

Obtain annuity quotes and provide structured settlements on a tax-free basis to meet the specific needs of the client
Review and evaluate structured settlement proposals including reviewing insurance company credit-worthiness
Review proposed life-care plans to ensure the needs of the client are met
Provide option to counsel to defer taxes on a portion or all of the fees
Obtain medical records to ascertain if "Rated Age" benefit is possible
Assist in mediation and arbitration
Review filings to preserve Medicaid benefits
Draft/Review reinsurance agreements for workmen's comp. issues

Drafting as follows:

Settlement agreements
Qualified assignments
Trusts as necessary
Tax-free annuity applications to conform with IRS Regulation 130
Qualified Settlement Funds when appropriate