Chicago SEO hack Matt Alderton states one reason that structured settlements can benefit plaintiffs and defendants in injury cases:
"If you're injured, having a claim paid to you in periodic payments via a structured settlement, rather than in one large lump sum, saves you from paying taxes on your settlement and can help it last a lifetime".
The True Facts:
A lump sum payment of damages for workers compensation, physical injury or physical sickness that meets the requirements of IRC 104(a) is income tax free. Interest and/or capital gains on that lump sum investment may be taxable. A structured settlement provides income tax free payments of damages that qualify under IRC 104(a). If an annuitant dies and the present value of the annuitant's estate (including, among other things, any unreceived certain structured settlement payments or guaranteed lump sums) exceeds the estate tax exemptions estate taxes are due.
Matt Alderton belly flops in his recommendation to hire a structured settlement specialist "who will advise your attorney on making the settlement". His top recommendation is to work with the Structured Settlement Alliance, alter ego of "cash now pusher" JG Wentworth. Talk about shooting yourself in the foot.
The coup de grace is that this appears in a Business.com segment on workers compensation, an area of structured settlements that is difficult if not impossible to factor.
What part of "do the research BEFORE you write" do these SEO types not understand?
SEO= search engine optimization