Settlement Services

IBAR provides a full range of settlement services currently outlined under Federal and State statues.  Specifically, these services include the design and implementation of structured settlements as well as the creation of special needs trusts.  These vehicles are intended as means by which to resolve third party personal injury litigation.  A structured settlement funded with an annuity or by a custodial bond trust will provide the plaintiff with tax-free income.  A special trust creates a means by which a disabled minor or incompetent adult can remain eligible for certain entitlement benefits following a settlement award.  The benefit to the defendant is that under both scenarios a full and final release is achieved.  A more detailed discussion of structured settlements and special needs trusts follows.

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