Settlement Planning Services

What is Settlement Planning?

Settlement planning is a holistic approach to helping clients preserve their financial benefits following a personal injury case, It includes services such as settlement proceeds allocation, government benefits planning, special needs trusts, Medicare Secondary Payer Act compliance, lien resolution, estate planning and health insurance planning.

Why Do I Need a Settlement Planner?

Going through the stress of litigation after a personal injury or other incident can take a toll on a client and his or her family. Recovering a settlement to help to cover expenses can make it easier to deal with the financial stress. However, that recovery may leave clients with a variety of concerns or questions about the steps they need to take to optimize their settlement, and it is here that many of the traditional account management or financial organizations fail to meet the needs of clients.

At NDC Advisors, our account administration team is experienced with working with plaintiff and trust and estate attorneys, tax professionals, structured settlement brokers, and other professionals to provide individualized settlement planning.

How Can a Settlement Planner Help You

Here are three key ways in which a settlement planner at NDC Advisors can assist you:

Financial Guidance: A settlement planner can provide expert advice and guidance on managing your settlement funds. They can assess your financial needs, develop a customized plan, and help you make informed decisions regarding budgeting, investing, and protecting your assets.
Structured Settlement Design: A settlement planner can help design a structured settlement that aligns with your long-term financial goals. They can assist in determining the optimal payment schedule, ensuring a steady income stream and addressing your ongoing financial obligations.
Tax Optimization: Settlement planners possess knowledge of tax laws and can help you navigate the tax implications associated with your settlement. They can work with you to structure your settlement in a way that minimizes tax liabilities, maximizing the overall value of your funds.
Collaboration with Professionals: Settlement planners often collaborate with other professionals, such as attorneys, accountants, and financial advisors. They can coordinate efforts among these professionals to ensure a comprehensive and integrated approach to managing your settlement funds.

By utilizing their expertise and experience, our settlement planners can help you make sound financial decisions, secure your future financial stability, and optimize the benefits of your settlement.

If you would like to make an appointment for a consultation with our experienced Pittsburgh settlement planners, please call us now at (888) 676-2055.

When should I Contact a Settlement Planner?

Settlement planning is a proactive process. It’s important to contact an experienced settlement planning firm as soon as possible to help recover and maintain the maximum benefits of your award. Setting up a Special Needs, Minor, or Settlement Protection trust can be a complicated process and our Pittsburgh based team of account administration advisors can help you guide you through the process of creating a trust, understanding government benefits, and tailoring a plan that works for you.

Our Settlement Planning Team Can Help

Our experienced settlment planning team has over 50 years of combined experience working with families to optimize and plan accordingly after a recovery. This means that we have the skill and knowledge to investigate the various elements of the proposed settlement and work with a client’s legal team to ensure all bases are covered. Before we implement or suggest any plan, we ensure that all of a client’s goals and needs are considered.

Benefits of Settlement Planning:
Maximizing the options available prior to agreeing to any recovery or settlement
Understanding the various options available
Understanding current and future medical and financial needs
Helping to make sure that clients understand all of the information being presented

Settlement Planning Can't Wait

Planning is a proactive process that allows you to take steps to avoid problems in the future. This may include planning to maintain benefits or exploring options to expand benefits. Reviewing options for care that are available to you. Address life, health, safety, shelter and transportation requirements unique to you.

Frequently Asked Questions Regarding Settlement Planning

How long does the settlement planning process typically take?

The length of the settlement planning process varies depending on the complexity of your case and financial situation. On average, it can take anywhere from a few weeks to several months to develop a comprehensive plan. Our team at NDC Advisors will work diligently to streamline the process and provide you with timely guidance.

What if I have dependents or beneficiaries?

Considering the financial well-being of your dependents or beneficiaries is essential. We can help you incorporate their needs into your settlement plan through estate planning and trust creation.

How can I ensure my settlement funds are invested wisely?

Our investment professionals will create a personalized investment plan tailored to your risk tolerance and financial goals. We will monitor your investments and make adjustments as needed.

Contact our experienced Pittsburgh settlement planners at (888) 676-2055 to learn how we can help you.

Contact Us Today

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Our Focus By changing the way accounts are managed, we are able to focus on one thing: Helping families improve their lives after suffering an injury or tragedy and enduring litigation.
Our Experience We understand the litigation environment and have become extremely familiar with types of challenges our clients face. We have the resources to combat these obstacles.
Our Philosophy We have always been grounded in providing individual, prompt, competent, and courteous client service – never just a generic or cookie-cutter advice.

Providing Expert Insight
When You Need It Most

Based on all of the information we are able to review and analyze, we want to provide the options available to you. We believe this process is a highly empowering process for our clients. Once we explain your options and our opinions on each of them, we want you to feel comfortable making an informed decision. Once your plan of action is created, we implement it in a way that is guided by your desires, not by anyone else.

Meet the NDC Advisors Team

Focusing on Client Service for Over 25 Years

Many clients view us as an extension of their own family and we truly take pride in our upstanding reputation. As advisors, clients trust us with some of the most sensitive and emotional issues and these issues can have a direct impact on their family, future, and finances. We take our duty as advisors seriously, and therefore, use our extensive network as a “one-stop-shop” to help our clients in the best way possible. We strive to remain educated on changes in the laws and rules to better protect benefits eligibility for those clients for whom this is important, and work with our partners to make sure trust assets are protected and risk is managed effectively.