Legacy Investment Advisors and our trust providers specialize in working with injury victims and their families so we understand your needs. Our settlement trusts differ from other trusts because they are designed for the benefit of improving your life and to making the most of your settlement without putting it at risk. Settlement trusts also include Special Needs trusts, Medicare Set-Aside trusts and others trusts that are designed for specific purposes.
These unique trusts provide many benefits which include:
Spendthrift Protection
Most injury victims cannot afford to have their settlement proceeds squandered or prematurely dissipated. They may need the funds to provide income for the rest of their lives. Having a source of income that can be relied upon may be the most important reason to consider a settlement trust.
Controlled Liquidity
Things change. Your life today will not be the same in five, ten, or twenty years. The ability to access your funds for necessary planned or unplanned expenses, when needed and in the amount needed, while maintaining spendthrift protection provides a unique blend of benefits. Flexible payment streams can be designed to meet daily needs while allowing controlled access to the funds for emergencies.
Portfolio Design
Most injury victims cannot afford to lose value in their account so our model portfolios provide an opportunity to reap the rewards of market growth while minimizing market risk.
Availability
We have resources which allow us to accept trusts in almost any amount while many other trust companies will only accept larger trusts. We also have resources for a variety of trusts such as settlement trusts, spendthrift trusts, special needs trusts, Medicare set aside trusts as well as estate planning trusts.
Plaintiff Control
A settlement trust allows you to have control over when and where the settlement money is placed. Because the defendant is not required to be involved, the plaintiff has control and is not required to have settlement criteria dictated by the defense. Also, this is an excellent alternative in situations where you have taken receipt of the money and cannot take advantage of the benefits of a structured settlement.
Size Matters
Our corporate trust services offer advantages over individual trustees because we exist as long as your needs continue. Service will not be jeopardized by death, illness or other causes. Also, our professional investment management preferred institutional pricing, stringent oversight and frequent audits provide you security and protection that cannot be equaled by individual trustees.
