Posted on August 18, 2010
"I believe structured settlements are the right thing to do and a fair tax treatment for people who have fallen on hard times." U.S. Congressman & civil rights hero John LewisFor four decades, U.S. Congressman John Lewis has been an American hero and one of the nation's most eloquent speakers on the law and non-violence. In a new video released by the National Structured Settlements Trade Association (NSSTA), Mr. Lewis discusses the law and his support for structured settlements.
The video is adapted from Mr. Lewis' speech at the NSSTA annual convention in May. In his remarks, he tells the structured settlement professionals, "What you continue to do and what you're involved in every single day is helping to create a more perfect union."
To access the video on NSSTA's YouTube channel, click HERE.
Mr. Lewis also discussed the experiences of two Atlanta families that used structured settlements to resolve injury claims.
The son of Alabama sharecroppers, Mr. Lewis is one of America's great civil rights leaders. He was the youngest speaker at Martin Luther King, Jr.'s March on Washington in 1963. Two years later, he led the historic "Bloody Sunday" March on Selma. Mr. Lewis endured repeated beatings and arrests, yet has maintained a steadfast commitment to non-violence.
About structured settlements and the NSSTA:
Recognized and encouraged by the federal tax code since 1983, structured settlements provide strong financial security to victims of physical injuries and their families. Using a tailored stream of payments, a structured settlement provides a long-term payment stream that is completely exempt from state and federal income taxes.
A structured settlement's future payment stream is funded through a highly secure life insurance annuity. For a free handout that describes some of the consumer protection regulations that bolster the security of a structured settlement annuity, please click HERE.
The National Structured Settlements Trade Association (NSSTA) represents nearly 1,200 licensed consultant, brokers, insurance companies, and other professionals involved in establishing and administering structured settlements.
