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Jan. 23, 2009: “100 Best” Lawyer Speaks Out on Structured Settlements & Mediation"
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For attorney and mediator Janet Rubin Fields, the importance of physical injury and wrongful death mediations last far beyond the actual discussions. In a new article, she advises accident survivors, “The decisions you make today, especially if your injuries are severe, may be the difference between financial security and instability, as you get older.”
Voted one of the “Best Lawyers in America 2009” for alternative dispute resolution, Ms. Fields describes mediations and the role of structured settlements in an article for the current Spinal Cord Injury Life, a publication of the National Spinal Cord Injury Association.
Entitled “A Structured Solution”, Ms. Fields outlines why structured settlements and a structured settlement consultant can be an effective complement to many mediations. “All payments [from a structured settlement] are funded through a life insurance annuity, which means they are backed by multiple layers of state consumer protection regulation,” she writes.
“In addition to the guaranteed income, the federal government makes a structure financially appealing by exempting your payments from taxes on income, interest, dividends and capital gains.”
To view a copy of Ms. Fields’ article, please click HERE. Republished from "A Structured Solution" with permission of the National Spinal Cord Injury Association (NSCIA). 1-800-962-9629 www.spinalcord.org.
NSSTA Members: To order your personalized copies, you may order online at the NSSTA Store or download the order form HERE. (For faster delivery, please send your orders to NSSTA by Thursday, February 12.)
“This article is an important reminder of the crucial role that structured settlements have in resolving complex cases prior to trial,” said NSSTA President Christopher Diamantis. “Their financial benefits, combined with the specialized knowledge of a structured settlement consultant, can produce a far better settlement for the injury survivor than is possible with cash alone.”
A structured settlement’s future payment stream is funded through a highly secure life insurance annuity. For more about the security of structured settlement payments, please click HERE for Structured Settlements: Financial Protection During Economic Crisis, a free hand-out from the NSSTA.
About structured settlements and the NSSTA:
A structured settlement provides unmatched financial security to victims of physical injuries and their families. Using a tailored stream of payments, a structured settlement provides long-term tax- free income, often for a lifetime. The National Structured Settlements Trade Association (NSSTA) represents more than 600 licensed insurance brokers, insurance companies, and others involved in establishing and administering structured settlements.
Return to NSSTA News and Media Resource Page
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