Litigation

Settlement Professional's Bombastic Premise is Inaccurate

By John Darer

One settlement planner bombastically states on his web site that

"Settlement Planning starts from the premise that structured settlements are not the answer to everything that everyone needs or wants to do with their settlement dollars"***

The Society of Settlement Planners (an association of which the settlement professional is a member) articulates it more accurately than the settlement professional in question.

"Settlement Planning involves the integration of myriad fields of study when intelligently developing and implementing the injured victim?s future financial road map"

"Settlement planning is a process that integrates immediate and periodic payments by planning for the timely use of funds by using annuities, trusts, taxable investments and other vehicles. It strives to preserve assets through coordination with other benefits such as Medicaid and Medicare and by prudent estate planning."

In my opinion, the settlement professional's published statement is wrong, for show, and that in fact Settlement Planning starts with a gathering of facts, including an in depth interview NOT " from the premise that" one product or another is not the answer.

***can you say "baggage claim"?

Full post as published by Structured Settlements 4Real on May 30, 2008 (boomark / email).