The National Structured Settlements Trade Association members are proud supporters of the National Consumers League, and we congratulate the NCL on its 125th Anniversary. NSSTA’s mission is to educate and advocate on behalf of people with personal injury legal settlements to help ensure their long-term financial security, and we’re grateful to all those voices who help us spread that word.
Suze Orman has stated, “At your greatest time of need, not only if you’re the one who has suffered and you’re the one who is injured, and the one to be taken care of with your family, and if you think that when you are at the most emotional low and physical low of your life and if you think you have what it takes to handle that which can literally keep you going for the rest of your lives, I’m here to tell you that YOU DO NOT. So let somebody help you. Let us help you. Let us protect you. And let us make sure that everything works financially speaking simply by doing that which would protect you, which is a structured settlement.”
Warren Buffett, Chairman of Berkshire Hathaway, recently stated: “Anyone settling a personal injury claim should seriously consider a structured settlement as part of their plan for financial recovery. Structured settlements can stretch settlement funds by providing tax-free payments for lost income, medical bills, or other future needs, which delivers tremendous long-term security for injured people and their families. Berkshire Hathaway is proud to be a leading provider of structured settlement annuities.”
What do Warren Buffett and Suze Orman know about structured settlements:
- -- A structured settlement of a physical injury or workers compensation claim is tax-free.
- -- A structured settlement can provide regular monthly, quarterly, bi-annual or annual payments as well as intermittent lump sums (for example, to pay for a first house).
- -- A structured settlement can provide life contingent income (income that cannot be outlived).
- -- A structured settlement has a fixed rate of return. When markets crash, structuredsettlements maintain their secure value.
- -- Most traditional investments have ongoing overhead costs including management and administrative fees. Structured settlements do not.
- -- A structured settlement protects settlement proceeds from being spent too quickly.
To find out more about the National Structured Settlements Trade Association contact us directly here: Contact NSSTA
