by John Darer CLU ChFC MSSC RSP CLTC
My firm, 4structures.com LLC and several others have a long established practice of structured settlement transparency and encourage others to do the same. In our case such transparency is embodied both in a written statement on our website as well as in a declaration or affidavit that we prepare to accompany moving papers where the settlement, includes a proposed structured settlement that must be approved by a judge. Our structured settlement affidavit/declaration is modeled after the Bronx County New York structured broker's affidavit, including both a structured settlement commission disclosure and an affirmation that we will not provide information regarding the structured settlement to any structured settlement factoring company.
In addition 4structures.com LLC is one of the few settlement advisors that has a written statement concerning its policy about structured settlement factoring on its website.