Settlement Planning Services

What is Settlement Planning?

Settlement planning is a holistic approach to helping clients preserve their financial benefits following a personal injury case, It includes services such as settlement proceeds allocation, government benefits planning, special needs trusts, Medicare Secondary Payer Act compliance, lien resolution, estate planning and health insurance planning.

Why Do I Need a Settlement Planner?

Going through the stress of litigation after a personal injury or other incident can take a toll on a client and his or her family. Recovering a settlement to help to cover expenses can make it easier to deal with the financial stress. However, that recovery may leave clients with a variety of concerns or questions about the steps they need to take to optimize their settlement, and it is here that many of the traditional account management or financial organizations fail to meet the needs of clients.

At NDC Advisors, our account administration team is experienced with working with plaintiff and trust and estate attorneys, tax professionals, structured settlement brokers, and other professionals to provide individualized settlement planning.

How Can a Settlement Planner Help You

Here are three key ways in which a settlement planner at NDC Advisors can assist you:

  1. Financial Guidance: A settlement planner can provide expert advice and guidance on managing your settlement funds. They can assess your financial needs, develop a customized plan, and help you make informed decisions regarding budgeting, investing, and protecting your assets.

  2. Structured Settlement Design: A settlement planner can help design a structured settlement that aligns with your long-term financial goals. They can assist in determining the optimal payment schedule, ensuring a steady income stream and addressing your ongoing financial obligations.

  3. Tax Optimization: Settlement planners possess knowledge of tax laws and can help you navigate the tax implications associated with your settlement. They can work with you to structure your settlement in a way that minimizes tax liabilities, maximizing the overall value of your funds.

  4. Collaboration with Professionals: Settlement planners often collaborate with other professionals, such as attorneys, accountants, and financial advisors. They can coordinate efforts among these professionals to ensure a comprehensive and integrated approach to managing your settlement funds.

By utilizing their expertise and experience, our settlement planners can help you make sound financial decisions, secure your future financial stability, and optimize the benefits of your settlement.

If you would like to make an appointment for a consultation with our experienced Pittsburgh settlement planners, please call us now at (888) 676-2055.

When should I Contact a Settlement Planner?

Settlement planning is a proactive process. It’s important to contact an experienced settlement planning firm as soon as possible to help recover and maintain the maximum benefits of your award. Setting up a Special Needs, Minor, or Settlement Protection trust can be a complicated process and our Pittsburgh based team of account administration advisors can help you guide you through the process of creating a trust, understanding government benefits, and tailoring a plan that works for you.

Our Settlement Planning Team Can Help

Our experienced settlment planning team has over 50 years of combined experience working with families to optimize and plan accordingly after a recovery. This means that we have the skill and knowledge to investigate the various elements of the proposed settlement and work with a client’s legal team to ensure all bases are covered. Before we implement or suggest any plan, we ensure that all of a client’s goals and needs are considered.

  • Benefits of Settlement Planning:
  • Maximizing the options available prior to agreeing to any recovery or settlement
  • Understanding the various options available
  • Understanding current and future medical and financial needs
  • Helping to make sure that clients understand all of the information being presented

Settlement Planning Can't Wait

Planning is a proactive process that allows you to take steps to avoid problems in the future. This may include planning to maintain benefits or exploring options to expand benefits. Reviewing options for care that are available to you. Address life, health, safety, shelter and transportation requirements unique to you.

Contact our experienced Pittsburgh settlement planners at (888) 676-2055 to learn how we can help you.