If you ever need to get a fair assessment for the purpose of negotiating a settlement, a structured settlement broker is someone you want to contact. Structured settlement brokers can provide a financial analysis for plaintiffs, information on various payment options, mediation during the negotiation and post-negotiation process and tax-planning advice.
A structured settlement broker can also work close with an attorney to provide information that can help build a stronger case for a plaintiff regarding loss of wages, debt, medical expenses and present income. Before you hire a structured settlement broker to help you negotiate a settlement, consider taking the following action steps:
1. Research the qualifications of qualified structured settlement brokers before hiring.
2. Build a structured settlement brokers list to exercise your options and find one with the best rates.
3. Seek the services of experienced and reputable structured settlement brokers.
Find structured settlement brokers that are qualified to provide the services you're seekingChoose a structured settlement broker carefully. Verify the broker you want to hire is registered with the United States Department of Justice and also registered with at least one insurance company as well as one state within the USA. Also, contact a consultant through a trade organization to learn more about the structured settlements process.
United States Department of Justice provides a structured settlement brokers list as well as information on the minimum qualifications for annuity brokers in accordance with Federal Regulations. The National Structured Settlements Trade Association (NSSTA) provides access to member structured settlement companies. Use this service to connect with a consultant and to determine if you can benefit from a structured settlement.
Gather structured settlement brokers information to compare servicesWhile you're in the process of looking for a structured settlement brokers provider, be sure to cover all of your options by comparing commission rates.
Obtain the services of experienced and trustworthy structured settlement brokersContact a structured settlement consulting service or firm to find professionals with a proven track record and guard sensitive information while you're searching for a trustworthy professional.
- To get the best deal possible, make sure the structured settlement brokers you choose have not entered an exclusive arrangement with a buyer as a means of obtaining quotes.