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"Millennium's advisors always do such a thorough job of explaining all aspects of the structured settlement process and educating our clients along the way about the need for careful management of their assets. Millennium's advisors are more technologically advanced than others in the industry, which helps to streamline the entire process. They are ardent supporters of the plaintiff bar community, and we consider them an integral part of our team."

Brian Panish, Esquire
Panish, Shea & Boyle, LLP
Los Angeles, CA

 

How to Take Control and Why

Structured settlements are a powerful financial planning tool and are the cornerstone of most financial settlement plans. However, all too often the injured party’s first experience with structured settlements is when one is offered by the defendant instead of his or her own trusted advisor. Plaintiff counsel can retain his or her own settlement planner with Millennium Settlements at no cost to give advice on this important financial transaction. We receive compensation for our services directly from the life insurance company whose product we offer; it does not come from the claimant’s money nor does plaintiff counsel compensate us for our expert advice.

Your Millennium consultant will work directly with you and the claimant, design the plan and help select a highly rated life insurance company or companies with whom the structured settlement will be placed. Allow the defendant to bring his or her own structured settlement consultant to the table, but insist that your consultant will work directly with the claimant to create the final plan. The injured party together with his or her own advisor, family or guardian and plaintiff counsel should make the decision on the most important financial transaction of his or her life. With the recent developments in legal malpractice liability for plaintiff counsel concerning structured settlements and public assistance, it is imperative to employ your own advisor to educate your client about structured settlements and other financial options as well as public benefit preservation using a Special Needs Trust. Failing to offer a structured settlement or preserve public benefits can have disastrous consequences for the plaintiff and ultimately result in a malpractice suit against plaintiff counsel.

Retaining a Millennium Settlements consultant satisfies counsel’s obligation to advise the client concerning his or her option to do a structured settlement and preserve public benefits. But, it does more than that. Each individual we work with will be offered an array of financial options, including but not limited to structured settlements, professionally managed accounts and Special Needs Trust if appropriate. Your clients will be thankful for your guidance and you can be comfortable knowing the best consultants in the industry represent your clients.

 

 
   

Millennium Settlements
3500 Financial Plaza, 4th Floor
Tallahassee, Florida 32312
(800) 573-8853 | (850) 894-4265 | (850) 894-4269 (fax)

 

 

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