Settlement Planning Associates Home Page Settlement Planning Associates facilitates the resolution of personal injury, environmental and workers' compensation claims through the use of structured settlements. Established in 1985, it has become one of the nation's leading providers of structured settlement services to federal, state and local governments, public institutions, corporations, insurance companies and third-party administrators. Structured Settlements Benefit Claimant and Defendant Historically, the settlement of a personal injury lawsuit was paid in a lump sum of cash at the time of settlement, making the claimant or their family responsible for managing funds intended for a lifetime of medical and income needs. In many cases, the funds were spent quickly, leaving little or nothing for the future.
Structured settlements are an effective alternative to lump sum cash settlements.
They provide tailor-made, periodic payments to the claimant. The advantage to the claimant is that such payments are tax-advantaged, professionally managed, and payable over a lifetime. This assures that funds are always available to provide for the claimant's needs. The advantages to the defendant are faster disposition of claim files, reduced litigation costs, discount versus lump sum cash settlements and avoidance of excess jury verdict awards. The national staff is composed of 15 consultants and support personnel who average 10 years of experience in the structured settlement industry.