Trusting in trusts
You’ve just won a large personal injury settlement for your client. Now it’s time to plan for your client’s long-term medical and other expenses by protecting that settlement money.
More than 90 percent of the time, a person receiving a personal injury settlement depletes the funds within five years.1 Whether due to poor money management or fraudulent activities, even a very large settlement can quickly drain away. That’s where trusts come in.
At Utilizing Trusts in Settlements, explore and understand the significant value of adding trusts to your client’s settlement plan as a way to preserve the money. You’ll become skilled at identifying different types of settlement trusts, including their functions and benefits. Also learn how settlement trusts can be blended with structured settlement annuities to deliver the best results for your client.
Learn how to identify settlement situations where a trust makes sense for your client. Understand why settlements may be the best choice for protecting government benefits, providing spendthrift provisions, and even preventing possible legal malpractice claims.
Succeed at settlement
Get helpful advice for navigating settlement and post-settlement activities. Learn how to present options at settlement that protect your client. Understand various considerations to keep in mind during the settlement process.
Be prepared to protect your next settlement with help from Utilizing Trusts in Settlements.