Friday, October 10, 2014

Other Settlement Options

Enhanced Attorney Fee Structure (EAFS)

an attorney fee structure using a
variable fund to offer higher potential returns and a solution to the demand for
shorter duration payments;

“Cash Refund” Annuity

can create
a Reversionary Interest to the
Defendant/Insur
er in the event that the claimant passes away prematurely. (
Only
available in approved
Workers

Compensation cases


“Bond
-
Type Payout” Option

provides the claimant with a stream of payments for
a certain period of time, followed by a lump sum equal to the total premium (cost)
of the annuity. In addition to a return of principal, this payout option gives the
claimant the ability to reinvest
free funds at a future date.