Wed. Jun 7th, 2023

structured settlement case manager

Structured Settlement Case Manager

A structured settlement case manager is a person who is experienced in the process of setting up a settlement. This person helps the plaintiff and defendant negotiate and finalize a settlement that is tailored to their needs.

One benefit of a structured settlement is that payments are not considered income for tax purposes. This can be a valuable tool to help you plan for your future financial needs.


A structured settlement is a type of legal arrangement that allows the plaintiff to receive compensation for an injury or illness over a period of time rather than in a lump sum. These payments are tax-free and are deposited into an account that gains interest over time.

While a lump sum can be tempting, a structured settlement can offer greater peace of mind and financial security. They are typically a better alternative for people who aren’t financially experienced, or those with health or financial issues that make them less able to manage their money.

Using the right kind of case manager to handle your structured settlement can be crucial for getting your money where you need it and staying on top of all of your obligations. The right person will have a strong understanding of the legal framework surrounding this kind of settlement and the ability to effectively communicate with clients.

A structure settlement case manager can help clients develop a settlement plan that takes into consideration their long-term needs. They can also help determine which insurance companies will provide the best funding options for a client’s case.

These experts should be brought in early on in the settlement process to ensure the funds are set up appropriately and compliance and reporting issues are addressed. In addition, they should be able to provide comparative information on various settlement tools, so the injured worker can make an informed decision about which ones will work best for them.

The best structured settlement case managers will have an expertise in both the legal and financial aspects of the settlement process, and should be able to guide the client through the entire settlement lifecycle. This will help reduce stress and make the process easier on the client.

They should also have an understanding of the legal nuances of the structured settlement industry and the specifics of each state’s insurance laws. This will help the client avoid paying unnecessary fees and penalties.

Whether you’re dealing with a small injury claim or a large settlement, there are benefits to both a structured settlement and an annuity. A structured settlement can help you create a long-term stream of income that will allow you to meet your medical and basic living expenses for years to come. Additionally, it can help defer current year tax liability and create a solid foundation for future financial stability.

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Financial Analysis

If you have been awarded a settlement, a structured settlement case manager can provide the financial analysis necessary to help you make decisions regarding the best payout options. These options include a lump sum payment, a series of periodic payments through a structured settlement annuity and a combination of both.

Structured settlements can be beneficial in a variety of ways, including helping to manage medical costs and other expenses associated with injuries. They can also be a good way to secure long-term financial security for a person who has received a large amount of money.

One of the main advantages of structured settlements is that they can earn interest, which means that the money you receive will grow. However, you should be careful to invest your settlement funds responsibly. This is especially important if you have a health condition or are expecting to need long-term care.

Another advantage of receiving a structured settlement is that it can be taxed less than a lump sum payout. This can be helpful if you are planning to spend the money on large purchases or investments.

If you have a large settlement, you may want to consult with a tax attorney or financial advisor about the tax implications of different payout options. This can help you determine which payment option is the best for you and your family.

A structured settlement case manager can also help you make sure that you are not spending too much of your money. They can calculate how much you are spending on a monthly basis, and they can also look at your overall budget to make sure that you are not overspending.

In addition, they can help you set goals for your savings and invest your money in the most beneficial way possible. They can also offer advice about other aspects of your financial life, such as retirement planning and estate planning.

When it comes to structured settlements, the key is finding the right partner for you. The most effective structured settlement case managers have a deep understanding of their industry and will work with you to ensure that your future financial needs are met.


A structured settlement case manager acts as the general contractor in a case, bringing together a network of experts that can help clients with their settlement needs. This includes identifying and connecting with insurance planners, disability experts, Medicare set-aside specialists and more. This helps to ensure that the injured worker receives a fair settlement, while addressing future medical and other financial needs.

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Documentation is a critical aspect of any professional setting, and a good structured settlement case manager will have a firm grasp on its importance. It is a tool that can increase transparency and communication within an organization, and it can be used to create a culture of collaboration.

The first step in drafting documentation is to plan and research. This can include gathering information from the client and their attorney, as well as evaluating the legal issues of the case. This information is then used to develop the document that will be written.

This can take the form of a simple letter, or it can involve an elaborate set of rules and guidelines that the documentation team must follow to write the documentation. The goal is to ensure that the documentation created is consistent across all team members, and that it meets the highest standards for quality.

In many cases, the documentation process can be long and complicated, especially when it comes to cases involving a lot of complex legal issues. This is why it is so important to work with a team that can offer the right level of expertise.

One way to do this is to hire a structured settlement case manager who has years of experience. This can make the entire process easier for both the client and the attorney.

A good structured settlement case manager will know how to structure the settlement so that it provides the most benefits for the victim and a good annuity price for the defendant. They can also assist with release and application forms, prepare quotes, perform file reviews and interface with the attorney and court to ensure that all documents are executed smoothly.


A structured settlement case manager provides communication services to help injury victims and their attorneys understand the settlement process. They work closely with clients to ensure that the best possible settlement is obtained in every case.

A well-trained and experienced structured settlement case manager understands the unique needs of injured workers and helps them develop a strategic plan for resolving their claims. This approach requires a personal relationship with the client and the ability to identify issues that need attention.

The case manager should develop a relationship with the injured worker from the very beginning of the settlement process. This allows the consultant to uncover short-term needs as well as long-term goals. This can be a crucial part of a successful settlement, as the consultant will be better able to anticipate potential problems and help find solutions for them.

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As the settlement process proceeds, the consultant may also be responsible for resolving liens or claims against the settlement funds. These liens can include Medicare, Medicaid, and ERISA claims. These liens are often complex and require specialized skills that many consultants offer themselves or through affiliates.

Typically, the settlement consultant is not an insurance broker but instead is a financial expert with years of experience in the structured settlement industry. This means that they are familiar with the laws and regulations that govern structured settlements and have the expertise to negotiate these agreements for their clients.

A skilled structured settlement case manager should be able to provide comprehensive documentation that clearly explains the terms of the structured settlement and its impact on the injured person. In addition, the consultant should be able to assist with attorney fee deferrals and other legal documentation that helps to protect the injured worker from financial liability.

Additionally, the structured settlement case manager should be able to advise on alternative settlement funding vehicles, such as custodial medical accounts and “trigger” trusts. This can help to reduce the risk of future claims against the settlement and provide a more efficient way for the client to meet their financial obligations.

The structured settlement case manager should also be able to assist with taxation questions and coordinate government benefits, such as Social Security disability benefits. In some cases, a structured settlement can be used to avoid taxation by transferring the payments to another party. However, this is not always the best option and can lead to legal complications.

Jeffrey Augers
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By Jeffrey Augers

Jeffrey Augers is a highly skilled and experienced financial analyst with over 12 years of experience in the finance industry. He has a proven track record of delivering exceptional financial insights and recommendations to clients, empowering them to make informed decisions and achieve their financial goals. Jeffrey holds a Bachelor's degree in Finance from the University of Michigan, and an MBA from the Wharton School of Business.