Lawsuit settlement , URGENT Question

[admin]

There are major kickbacks from annuities and that's why they direct you toward them over other solutions.

[admin]

interesting to hear you say this about kick backs. I have heard this before and actually from a direct source. it all makes sense, doesn't it? And they often push us into these particular annuities with particular companies or a few "choices" we might have. it all is just wrong!

[admin]

When you choose remember tax consequences. Annuities grow and pay out tax fee for personal injury settlements. Brokers investments are subject to taxation. When an investment tanks what are you going to do. If your settlement requires court approval and monitoring until at least age 18 an annuity is the safest

[admin]

I'm going to disagree with the guest post above.

Not all broker investments are subject to taxation. It all depends on how it's invested.

Annuities can still fail when the insurance company goes under.

Settlement requirements are different in each state and in each county. A trust attorney can still help you figure out what is best for you in your county.

[mlynn]

This post is very interesting to me. We have not won anything yet/ hopefully! but, my grandfather(who is gone) always told me to put everything in trusts. we never talked about lawsuits although, but, i wonder if trusts are the way to go? our lawyer talked about how to put the money already, i have not even thought about it b/c i just want to get something / he deserves it ! but, once we hopefully win i must read up on this. any websites on florida law on taxation on settlement would be awesome.