Ensuring a Long-term Recovery for Plaintiffs
We have many options when it comes to managing a plaintiff’s recovery. At the end of the day, it is our job to distill the best means to achieve long term success. We are accountable to plaintiffs and ensure they have the best financial resources (including price) to plan for their recovery.
We are here to work through the detailed settlement planning needs of clients and ensure their recovery is maximized and protected. We offer the flexibility and access of a plaintiff protection account, the stability and tax free interest of a structured settlement, a professionally managed trust or some advantageous combination.
Providing Guaranteed Income for Attorneys
At Byrd Settlements, we work with attorneys to structure their fees, provide retirement and tax planning resources and strategic tax deferred income. As small business owners and entrepreneurs in boutique or family firms, most plaintiff attorneys do not have the opportunity to opt into a third party provided pension, 401k or cash balance package. We are here to provide guidance and specific tools to fill those gaps.
Structured attorneys’ fees ensure that instead of large lump sums, deferred payments spread and reduce your tax burden and/or can provide for you in the future on their own or in conjunction with broader, more traditional tools such as 401k and cash balance plans. We work with elite financial advisors, institutions and retirement planners focused on both plaintiff and plaintiff attorney strategies in any state.
Protecting Minors and Their Recoveries
We have been integral in nearly 200 (as of this writing) minor’s injury cases and cases of wrongful death with a minor beneficiary. We understand that children, especially, may have unanticipated needs well into the future and we work to ensure flexibility and stability in their finances and subsequently their lives. It is hard to predict a child’s specific needs, especially in cases where they are receiving a recovery and have both changing conditions, as well as changing treatment or healthcare coverage. However, it is our job to maximize coverage, leverage resources and provide long-term care and planning to secure these bright futures.