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Founded in 2001, White House Financial & Settlement Consulting helps families live an easier and less stressful life through the proper management of their financial resources.  We do this by acting as our clients’ trusted advisor providing a personal touch customized to the client’s needs!  Please visit our web site at www.whitehousellc.com for more information!

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DON'T LET THIS HAPPEN TO YOUR CLIENT!!!

This week I was contacted by the father of a young man, let’s call the young man Joe who is age 20.  Joe had suffered a traumatic brain injury as the result of an auto accident and had received a settlement of $50,000.  Joe’s father was concerned because Joe had already blown through half his settlement in a month due to his discovery of cocaine, which some new “friends” he was spending a lot of time with introduced him to.
Joe’s father had heard of something called a Structured Settlement, which he thought may help preserve the remainder of Joe’s settlement from being squandered.  Structured Settlements are a financial vehicle which have been around since the 1980’s that facilitate receiving a legal settlement with interest income tax free over time and can sometimes have benefits over receiving the settlement all at once in a lump sum, as in this case.
Joe’s father contacted me because my firm, White House Settlement Consulting that I founded in 2001, has been helping injury victi…