Providing Guidance and Options for Stand-Alone Investment Accounts, Settlement Trusts and Structured Settlements
Evans and Byrd Settlements can help determine whether a structure, a trust, a plaintiff protection account, a combination or neither/none is appropriate and usually act as the primary point of contact during selection and coordination of the trustee, trust attorney and financial adviser (in combination with a structured settlement or in a stand-alone capacity) while finalizing the settlement documents.
Byrd Settlements can recommend at least 3 trusted options of trust attorney, trustee and financial adviser, achieving the best fit for the client by making the choice truly their own, at no additional cost. Any combination of these 9+ expert service providers, plus trust protector services should yield savings of approximately 25% + or $5,500 plus interest per million dollars, per year. We are happy to illustrate how our pricing alone can save a single plaintiff with a significant settlement 5, 6 or even 7 figures over a lifetime. These are not just numbers, they can be the difference in receiving uncovered medical care or being able to repair a home in need. It can also be the difference in which school district a mother or father can purchase a home.
We are a one of a kind settlement brokerage working for plaintiffs. Our “plaintiff first” pricing model provides significant savings to plaintiffs, despite access to the most expert service providers. Whether it is a local trust attorney or a $300 billion dollar trust company, Byrd Settlements ensures their pricing and performance work for plaintiffs, not the other way around. This is unfortunately unique in the settlement industry and is the large gap we have filled.
Our size and experience is our strength. We maintain both a consistent staff and industry leading scalability capable of adding 1000 new accounts per week (this is history not hyperbole) on a mass tort, with little notice and no need to scramble for additional help. We are structured for the contingencies, but remain priced for the plaintiff. This is not an accident.
So, there is no minimum case size, and our clients’ best interests are not subject to artificial corporate thresholds. We provide a full spectrum of expert settlement management options on any case. This sets us apart from the less flexible traditional models.
Byrd Settlements Inc. offers Professional Trust Protector services, which allow for the removal and replacement of a trustee/financial adviser over the life of a trust, often without petitioning the court. As a 2012 Forbes article put it, “The [Trust] Protector is so useful, and it has become so commonplace, that the concept should almost always be discussed between planners and those looking to form trusts.” Oddly enough, I had never seen a trustee or financial advisor suggest the inclusion of a truly independent professional capable of removing and replacing them. All our investment advisors and trustees are confident enough to perform under these conditions.
Offering more accomplished experts, and more of them, working for better prices, Byrd Settlements stands alone as the premier choice for plaintiffs and their attorneys. Judges, attorneys and especially plaintiffs agree.