FAQs

Non-Qualified Structured Settlements were designed specifically for individuals receiving money on account of non-personal physical injury. It is a guaranteed, fixed and tax-deferred solution that pays over time.

There are many compelling reason to “structure” one’s settlement money. Non-Qualified Structured Settlements help claimants keep more of their settlement by receiving the income in multiple payments and deferring their taxes over time. The guaranteed tax-deferred payments provide long-term income security and eliminate the risk of mismanagement.

Non-Qualified Structured Settlements are for cases that fall outside of personal physical injury and litigation as defined under IRC Section 104(a)(2) and are not eligible for an IRC Section 130 qualified assignment.

Very. A Structured Settlement is a contractual promise to pay. Unlike other investment options, Structured Settlements eliminate the exposure to market risks and the potential for investment failures. Structured Settlements are issued by only A.M. strongest life insurance companies. The annuity provider has to honor the annuity contract, to the penny. Waterville Advisors only utilizes only A+ annuity providers (rated by A.M. Best as being “Superior”). Also, stringent state regulations demand that there is always enough money in reserves to pay annuitants. In fact, all of the annuity providers used by Waterville Advisors have billions of dollars in surplus.

If you should die, your beneficiary or beneficiaries will continue to receive the remaining guaranteed payments promised to you.

A Structured Settlement must be made a part of the settlement and must be incorporated into the settlement documents. If you receive your settlement as a lump sum you cannot structure later because, according to IRS rules, this is considered “constructive receipt”. That is why it is important to begin considering this option in advance of settlement.

None. If you decide to structure your settlement, your settlement advisor will get paid by the life insurance company that provides the annuity. Unlike most traditional investments, there are no ongoing management fees. You will never get a bill from the annuity provider or Waterville Advisors.

Structured Settlement payments can be specifically tailored to meet an individual’s needs. For example, payments can be made monthly, quarterly, semi-annually, annually, or in lump-sums; they can pay for a lifetime or for a set number of years; they can be paid immediately or they can start at a later date; they can provide for income replacement; they can provide for retirement; they can provide for child’s college education; the scenarios are endless, it is entirely up to the individual and his or her specific needs.