Structured Settlement Lawyers in Calabasas, CA 

Protecting Assets in Los Angeles & Ventura Counties

Structured settlements can be a powerful tool for resolving personal injury, wrongful death, or other claims, providing regular payments over time rather than a single lump sum. The primary benefit of a structured settlement is providing long-term financial stability to cover future needs, such as ongoing medical care, living expenses, and lost wages, preventing the risk of quickly exhausting a significant, single award.

While this approach can facilitate long-term financial stability, it also presents unique challenges. Without proper planning, your settlement could be vulnerable to creditors, taxes, or mismanagement.

The Pacella Law Group can help you navigate the complexities of structured settlements to maximize protection, preserve your benefits, and enable long-term financial security. Our team provides personalized guidance, helping you make strategic decisions that align with your goals and protect what matters most.

Discuss your situation with a Calabasas structured settlement attorney in a free initial case evaluation. Call (818) 873-5546 or connect with us online for an office, in-home, or virtual consultation. 

Why Structured Settlements Matter

Receiving a structured settlement can be a life-changing experience. Instead of a single payment that may be quickly spent, you receive a predictable income over months, years, or even decades. 

The defendant or their insurance company typically purchases an annuity from a financially secure life insurance company to guarantee the future income stream. Critically, under the Internal Revenue Code, payments received due to a personal physical injury or physical sickness are typically 100% free from federal and state income tax. 

This significant tax advantage applies not only to the initial principal amount but also to the interest and growth generated by the annuity over time, maximizing your net recovery. The security provided by strong life insurance companies adds a predictable, reliable layer to this income. 

However, structured settlements also carry risks:

• Potential creditor claims if the settlement is not adequately protected
• Mismanagement of funds or unintended financial consequences
• Confusion about taxes or how different types of payments are treated
• Lack of coordination with other estate planning or asset protection planning

Without professional guidance, these risks can reduce the long-term benefits of a settlement, leaving you and your loved ones vulnerable.