In 2001 a trial attorney and guardian ad litem paid $4.1 million to settle claims relating to a personal injury case that was settled on an all cash basis because the claimant was not properly educated as to their options pertaining to a structured settlement (Josephine Grillo, As Guardian and As Next Friend
for Christina Grillo, A Minor v. Tom L. Pettiette, T. E. Swate, and Hardy Milutin & Johns, 96th District Court, Tarrant County, TX, Cause No. 96-145090-92. Settlement amounts as reported in Lawyers Weekly 8/2/2001.)
We have developed an awesome short on line video that educates claimants on their financial options and has them execute a waiver similar to the one above online. We can customize an online page with your firm's logo and information so all you need to do to ensure this doesn't happen to you is have each client watch the video and submit their contact information in the online form.
PLEASE don't let this happen to you and your firm! We advise our clients to have each client sign what we call a "Grillo" waiver which contains the following language, which is part of the online form we create for your firm:
I have been educated by my attorney regarding structured settlement options available to me and my family. I acknowledge that I have been given an opportunity to meet with a structured settlement consultant of my choice. I am aware that the law enables me to receive significant tax advantages in the event I choose a structured settlement as outlined in the video. I understand that if I do not participate in a structured settlement, I lose my opportunity to obtain these significant tax advantages and could be fully taxed at my highest income tax bracket.
My attorney has warned me of the pitfalls of not selecting a portion of my recovery to be included in a structured settlement. Due to unexpected events or circumstances, many plaintiffs who do not participate in a structured settlement lose their money due to investment risks and/or deplete their funds and lose financial security.
I understand that this is my only opportunity to take advantage of a structured settlement and that my settlement decision cannot be changed or reversed on a future date.
By completing the information below, I will have further opportunities to ask questions of a structured settlement professional, without obligation, so I can best understand all of my options.
Please let us know if you would like us to customize and make this video available to your firm! Email us at email@example.com or call us at (734) 433-1670.