September 2017 Michigan Association for Justice Auto Negligence Seminar

We had a great time exhibiting, seeing old and meeting new friends at the Michigan Association for Justice (MAJ) seminar this week in the "D"!

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Using a structured settlement annuity pre-suit

We recently were engaged by the Guardian Ad Litem (GAL) in the case of an 11 year old boy who was struck by a care while riding his bike. The father of the boy settled the case directly with the liability auto insurance carrier pre-suit and the GAL contacted us to ensure that the boy's settlement funds were handled appropriately. The case settled for a total of $65,000 and $59,000 was being allocated to the structured settlement annuity for the boy as follows: $5,000 paid immediately upon settlement $10,000 at age 18 $20,000 at age 21 $25,000 at age 25 $35,718 at age 30 this is total benefits of $95,718! The annuity was placed with a large life insurance company rated A+ by the A.M. Best rating agency and provided the family and GAL with the peace of mind that the young man would not receive the entire amount at age 18. In addition, due to the use of the structured settlement annuity, all of the interest gained during the payout period ($31,718 to be exact) is INCOME TAX FREE! T

COVID will not stop us providing unique settlement solutions using structured settlement annuities!

I hope that you are doing well! We just FINALLY completed the settlement of a case for a minor (age 17) that we were initially engaged by our plaintiff attorney client in February 2021, to provide structured settlement annuity quotes! Although the claimant was very close to the age of majority the key to the case was not giving him all of the settlement proceeds, which was over $120,000, at age 18. Having been in this business for over 20 years I cannot tell you the number of sad cases we have witnessed where the young claimant receives their settlement proceeds at age 18 only to blow through all the funds before anyone can blink and make bad decisions with the proceeds! This case involved two liability insurance carriers Liberty Mutual and Member Select. We coordinated multiple rounds of document revisions and had to have a separate set of different documents for each insurance carrier. In addition, one of the carriers would not fund the annuity until we had a fully executed court ord

See how Kim and Robin found their way to financial security using a structured settlement

If you have been wrongfully injured in an accident, considering a structured settlement annuity to assist you with achieving the financial security you deserve is one of the most difficult and important decisions you will ever make! Prudential Life Insurance, which is one of the many structured settlement annuity companies that we use to help our clients achieve that financial security, came out with two very helpful videos that may help you in your decision making process. Click on these links to see how Kim and Robin found their road to financial security with a structured settlement. Do you or your clients need help making this difficult decision? Then contact us! It costs you nothing! For 20 years we have been Michigan's premier and ONLY Plaintiff Focused Structured Settlement Consultant. Please contact us early at (734) 433-1670 or cyril@whitehousellc.com and let us help you and your clients maximize your hard earned settlement dollars call! www.whitehousell

White House Financial & Settlement Solutions, LLC

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