Structured Settlement Annuities

We believe that structured settlement annuities are the most effective and secure method of satisfying the unique needs that are often involved with infant settlements, the preservation of government benefits, securing future college tuition assistance, financial aid preservation, lost income replacement and protection from creditors and bankruptcy.

Paramount’s advisors help plaintiffs preserve their settlement proceeds while making certain that their financial future is secure. With careful and thorough planning, Paramount has been helping to make settlement proceeds last a lifetime, and in so doing, preserving the most secure quality of life for plaintiffs everywhere.

Call Paramount Today at 888-674-0127, or contact us to schedule your pre-settlement consultation and to learn how tax-free structures can secure your financial future.

Using Structured Settlements to Plan Your Future

  • Infant Settlements

    Experience has demonstrated that structured settlements for infant claimants may be the safest way to protect the infant funds from untimely and inappropriate dissipation. When planned properly, structured settlement payments can extend beyond the age of majority to enable the plaintiff to pay for college tuition costs or even their first home.

  • College Planning

    When considering a settlement where the plaintiff is a minor, or if the plaintiff is an adult, but has children college age or younger, college financial aid considerations must play a role in the planning process. Remember, a structured settlement is not an asset owned by the plaintiff, and therefore not considered “income” under Section 104(a) of the Internal Revenue Code. Payment streams from structured settlement annuities are not to be counted against potential students when applying for financial aid.

    Structured annuity payments can even be custom tailored to pay out each semester when the tuition payment is due. This scenario proposes that one payment be made to the plaintiff at or around the start of the fall semester and the second payment be made at the start of the spring semester. By structuring payments in this manner (assuming the sums are used to pay the respective semester’s tuition bill) no excessive funds are available to the student at the time the FAFSA form is completed and submitted to the university.

  • Financing Your Current Home

    Paramount recommends building a structured settlement annuity plan that is scheduled to pay out the exact amount of your monthly mortgage payment, a day or two before your monthly payments are due. As structured settlement annuities can be tailored to meet your individual needs, this is a popular and easily executed plan.

    Furthermore, the payment stream can be crafted so that it is guaranteed to pay only until the projected payoff date of your mortgage. An additional payment stream can be created for the time period following the expiration of your mortgage, providing you with supplemental tax-free benefits.


It is common to fund a lifetime structured settlement annuity with the settlement proceeds, and designate the Trust as the Payee of future periodic payment streams. This practice establishes a “benefit bank” that the Trust beneficiary cannot outlive.

  • Supplemental/Special Needs Trusts

    A Supplemental/Special Needs Trust is a means to provide financial protection to someone with a disability or some other form of impairment.
    It allows a donor – usually a parent, guardian, sibling or spouse – to set aside funds in trust so that money for specific purposes is available for the loved one, even after the death of the donor.

    For example, a Special Needs Trust can be set up to send a child to camp, take vacations, travel to visit relatives, buy sports equipment, or to pay for other therapeutic needs that do not fall under day-to-day living or “maintenance” expenses.

    When properly planned, established, and administered within a trust arrangement, the funds set aside for an individual’s benefit will not impact eligibility for, or reduce funding from, government assistance such as Medicaid or Supplemental Security Income.

  • Spendthrift Trusts

    A spendthrift trust is a specific type of irrevocable trust created for the benefit of a recipient, usually because he or she is unable to manage money and spending prudently. This trust type permits an independent trustee to have full authority to make all determinations as to how the trust’s funds will be expended for the benefit of the recipient or beneficiary.

    The advantage of the spendthrift trust is that creditors of the beneficiary of the trust usually cannot access, nor attach, the trust’s funds.