Marital Property Transfers 

 

Application of Structured Non-Qualified Assignment Process 

 

Out firm prides itself on keeping you abreast of industry developments important to your personal and professional lives.   

 

Toward that end, today we are pleased to provide you with the attached flyer describing a little known application of something that originally grew out of the traditional structured settlement arena:

 

Marital Property Transfers   

(Click Orange Link to Open Brochure)

 

While "Structured Divorces" have been occurring for awhile on a limited basis, formal promotion of the concept is just now surfacing and we wanted to make sure you were aware of the availability of this unique approach to handling an often difficult and delicate matter. 

 

Allstate Life, through Allstate International Assignments, Ltd., is the first to pro-actively target this particular application of the non-qualified assignment process with specific literature.

 

In addition to Allstate, Liberty Life Assurance Company of Boston, through BARCO Assignments, Ltd., is also quite active in the Non-Qualified Assignment field and also offers a similar option.   

 

Additional options are also available through Treasury Funded Structured Settlements as well as several life markets which offer direct purchase annuities to satisfy the need for future cash flow when married couples go their separate ways. 

 

Non-Qualified Assignments 

 

Non-Qualified Assignments first emerged in the 1990s to address a growing need to provide structured settlement-like tax-treatment on claims settlements which fell outside the scope of Sections 104(a)(1) and (2) of the Internal Revenue Code.

 

Over time, applications for this safe, secure, tax-advantaged solution to financial and claims resolution challenges have grown to include:

 

Structured Attorney Fees

Property Settlements

Certain Disability Claims 

Non-Physical Injury Torts

Punitive Damages and Bad Faith

Breach of Contract  

Structured Sales

 Structured Oil & Gas Lease Bonuses 

Assorted Other Applications  

    

We recently hosted a webinar of the process which you may be interested in reviewing.  Like most webinars, it's a bit long but the content is invaluable for those matters you are involved in which can be successfully addressed with a Non-Qualified Assignment.   

 

In case you missed it, here's a link to our last newsletter which will guide you right to the video on our YouTube Channel:  Structured Taxable Damages.

 

Few things in life are more unsettling than ending a marriage and we sincerely hope you never have to call us for help with yours.  But if you or anyone you care about are ever in a situation where we can help, please let us know what we can do for you.   

 

Also, please forward this announcement to any family law attorneys you know whose clients might also benefit from this option.  They'll be glad you did. 

 

Thank you for the continued opportunity to be of service and best wishes for continued Struccess in your practice and your life.  Please call anytime we can help YOU! 

  

Dan Finn, CPCU, CSSC

Certified Structured Settlement Consultant

Dan@FinnFinancialGroup.com   


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About Finn Financial Group 
 
The Finn Financial Group is a full-service, specialty planning firm with a commitment to ensuring the long-term financial stability of its clients. We believe this can best be achieved through a stream of guaranteed, tax-advantaged payments carefully tailored to each individual's specific needs. Our diligent work has resulted in a long list of satisfied clients across all lines of advocacy and a high degree of trust. 
 

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The Finn Financial Group provides customized, guaranteed future income options and ancillary services to a variety of clients throughout the United States. We pride ourselves on our commitment to the overall financial well-being of the individual. For a greater understanding of the services we provide, click on your area of interest.

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CA Insurance License: 0A96173