FREQUENTLY ASKED QUESTIONS

What are the benefits of a structured settlement over a lump-sum payment?

Security 

A structured settlement provides guaranteed long-term cash payments in flexible terms all while being secured by highly-rated life insurance companies.

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Enhanced return

Not only is the settlement itself tax-free under the US tax code, but all income earned from structured settlements is tax free as well, providing for enhanced returns over lump-sum settlements.

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The tax-free payments from a structured settlement can:

• Relieve the financial pressures of medical expenses and living needs;

• Meet long-term rehabilitation or permanent care facility expenses;

• Provide for the future costs of college funds, retirement, down payment on a home, or mortgage payment; and

• Provide long-term financial security.

 

What kind of flexibility do I have in setting up a structured settlement?

DG Settlements will work with you to establish a unique structure to meet your unique needs which may include:

1. Equal payments over set intervals – say $5,000 a month for 20 years.

2. Inflation-adjusted payments over a set time period.

3. Equal payments to cover typical living expenses, with lump-sum payments at certain time periods for example every 3 years for a new wheelchair, or a new car, once in 5 years to cover a child’s college educational costs, or however most appropriately addresses your wants and needs.

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I’m in a lawsuit now,  When should we talk?
The earlier in the process that we can engage the better to ensure your needs are being best addressed.  We specialize in cases across a broad spectrum with unique challenges including:

1. Persons with temporary or permanent disabilities;

2. Guardianship cases that may involve minors or persons found to be incompetent;

3. Workers' Compensation cases;

4. Wrongful death cases where the surviving spouse and/or children need monthly or annual income; 

5. Severe injury, especially with long-term needs for medical care, living expenses and support of family;

 

 

Can I get a structured settlement from my own financial advisor?
Probably not.  Most financial planners do not have the experience in injury-related settlement planning and all of the unique laws and requirements in obtaining the tax-benefits of a structured settlement.   Structured settlement are all that we do at DG Settlements and you can rest assured that we work exclusively for you and your best interests.  Also, all of our fees are 100% paid for by the insurance company that provides the structured settlement.

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What else should I know?

1. Structured settlements have been proven to protect claimants and loved ones from spending settlement funds too quickly.  These structures safely distribute funds to you and your family over many years in a tax-advantaged manner, providing you a larger sum of money in a safe and secure manner.

2. Structured settlements are funded by some of the oldest and strongest life insurance companies in the United States – many of which have been in existence over 100 years.

3. Your family can inherit money as a beneficiary after the injured party passes.

4. There is NO COST to you in obtaining a DG Settlement Plan and it is 100% at your discretion to follow any recommendation we provide to you.  You are in charge of the process.  We are simply your trusted advisors.

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Why should I work with DG Settlements?

DG Settlements is a Structured Settlement Planning Company.  We provide much more than a financial planner or a life-insurance annuity provider.  We are engaged by you, the claimant, and we work exclusively for you in your best interests.  We pride ourselves on providing holistic services starting with getting to know you and your family circumstances, needs and goals and assisting in meeting all of your objectives.  We do not offer a one-size fits all packaged solution.  Every client is unique and we work with you in helping to manage this complex journey into post-settlement life.