We are experts in personal injury finance. There are many different aspects of personal injury cases that we can assist you with.
We finance personal injury litigation. A personal injury plaintiff must battle a well-funded defendant or insurance company to get a recovery. Litigation is expensive and can go on for a long time. We can provide funding for your attorneys, for experts and for you. Once you win, you repay the funds from the recovery.
We can also ensure that you structure the settlement to maximize your recovery. Damages including compensation for all losses, including out of pocket expenses like medical bills and lost income. We can help you sort through whether to take all the money at once, or structure it over time. Our proprietary tools will show how much to get the most money. We can also help you structure the settlement to meet your most immediate needs first, and then give you income for life.
We can also work with your attorneys to make sure that any recovery will be completely tax free. Under federal law, personal injury damages “on account of personal physical injuries or physical sickness” are free from federal taxes. As one example, damages for emotional distress are generally taxable, while damages from the physical injuries that cause that distress are generally not taxable. Under applicable law, payments for attendant care that are paid directly to the injured party aren’t taxable but are taxable if paid directly to those providing these services. You need an expert to ensure that your personal injury settlement is tax free by excluding it from income. We can help you allocate your damages to limit tax liability.
Once you receive your settlement, we provide financial advice regarding the best and most tax efficient way to use those settlement funds. We can make the settlement funds last. We can provide professional financial advice to make sure that the settlement covers you appropriately. We can set up the settlement funds so that your other creditors cannot touch it.
If you are a personal injury plaintiff or attorney, contact us today to see how we can help.