Structured settlements, annuities & guaranteed tax free payments help injured clients & their families

Paul Lesti  & Doug Landau in the ABRAMS LANDAU law library during the economics and structured settlement expert's recent visit to the D.C. area
Paul Lesti & Doug Landau in the ABRAMS LANDAU law library during the economics & structured settlement expert's recent DC visit

Herndon, Ashburn and Sterling Park injury and workers compensation lawyer Doug Landau often counsels his disabled clients and their families as to the availability of “structured settlements.”  In other words, instead of a lump sum payment, clients and their families may be better served by monthly, yearly and even “balloon payments” in the future.  There are many kinds of annuity payments and structures.  In some permanent injury cases, the ABRAMS LANDAU trial team, working with experts, economists and annuitants, have fashioned periodic payments:

  • that pay the claimant monthly for a set number of years
  • that pay the client yearly for life
  • that pay the injured child annually, on her birthday, with a lump sum payment for college when turns 18
  • that pay the disabled worker every month for the rest of his wife’s life
  • that pay a small monthly amount, with 4 large payments during the “college years”
  • that pay monthly at one rate, then go to a higher rate at age 62 (retirement)

The best lawyers believe that the long-term welfare of their clients is of the utmost importance.  Many injured plaintiffs do not have financial advisors or other experts to help them plan for their future financial needs. Structuring a large workers compensation or personal  injury settlement or Mediation Award can reduce anxiety, tax consequences and avoid early dissipation of these important funds.  That is why the Landau Law Shop will retain a structured settlement expert, even when there already is an annuitant on the case for the insurance company or their agent.  By having this “second opinion,” the Herndon injury, disability and wrongful death law firm can have a second set of eyes make sure that their clients are getting fair rates, good returns and financial protection.

One such expert is Paul Lesti, with whom Loudoun, Prince William and Fairfax County injury and workers comp lawyer Doug Landau and his father have worked for over 2 decades.  Mr. Lesti came to visit the “Law Shop” while attending a conference in Washington, D.C.  He has been an invaluable resource in analyzing structured settlement offers, placing annuities, evaluating the “present value” of workers compensation Awards, and negotiating with the insurance companies.  If you or someone you know has been permanently disabled due to an on the job injury or other accident, please e-mail or call us at ABRAMS LANDAU, Ltd.

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