Recovering from a personal injury can be difficult enough, but navigating the financial decisions that follow can be even more overwhelming. As your case is resolved and you need to make choices about your financial future, it’s normal to feel uncertain. That’s where Finn Financial Group comes in.
Finn Financial Group specializes in helping injured individuals structure settlements in a way that creates financial security and the peace of mind that comes with it. We work with two types of personal injury claimants:
Personal, Physical Injuries
Based on federal tax law, we can structure your settlement to provide exceptional financial security for you and your family. A structured settlement delivers customized, guaranteed payments that are 100% income tax-free—including all future growth. Your payments are backed by secure financial institutions, most commonly highly rated life insurance companies with over a century of financial stability.
We help by:
- Designing settlement plans that provide guaranteed, 100% income tax-free payments in full compliance with federal tax law
- Analyzing your specific needs and creating customized payment schedules around those needs
- Finding the best combination of financial security, competitive pricing, and payment flexibility
- Working with all parties to ensure proper documentation and settlement structure
Personal, Non-Physical Injuries
Federal tax law is specific about what qualifies as a personal physical injury eligible for income tax-free treatment. Settlements that don’t meet this definition are fully or partially taxable. Common sources of taxable settlements include employment disputes, punitive damages, property conflicts, divorce and child support, patent and copyright infringement, construction defects, and similar controversies.
Because these proceeds are taxable, structuring can be even more valuable. Taking your entire settlement in cash can inadvertently push you into a higher marginal tax bracket and trigger unexpected tax consequences, including Alternative Minimum Tax (AMT). By structuring your settlement and spreading payments over time, you benefit from tax-deferred growth and may significantly reduce your overall tax liability.
We help by:
- Analyzing the tax implications of your specific settlement
- Designing payment schedules that minimize tax impact and align with your financial goals
- Providing tax-deferred growth on your settlement proceeds
- Coordinating with your tax advisor to optimize your financial outcome
For more detailed information on structuring non-physical injury settlements and maximizing your after-tax recovery click here:
Contact Us
To find out how we can help you achieve stability in life, contact us today.