Basic information
3500 Financial Plaza, 4th Floor Tallahassee, Florida 32312 |
|
800-573-8853 850-894-4265 |
|
info@msettlements.com |
Tallahassee, Florida 32312
3500 Financial Plaza, 4th Floor Tallahassee, Florida 32312 |
|
800-573-8853 850-894-4265 |
|
info@msettlements.com |
Millennium Settlements Inc. was founded as early as 1984. Recognizing the necessity of composing reconciliations to personal injury claims, they are now eminent industry leaders in settlement funding and insurance industries, offering comprehensive financial resolutions and advisory services to claimants to ameliorate distinct concerns. The company's services are extraordinarily subsumed to serve injured parties, attorneys, special needs trust, qualified settlement funds, international wire programs, structured attorney fees, and non-qualified structures. Millennium Settlements Inc. is regarded as one of the most dominant providers for the prosecutor of structured settlement. The company has proven expertise in litigation support and solvent aspirations through a need-based approach. Millennium Settlements Inc.
is a subsidiary of Integrated Financial Settlements (IFS) and a proud member of the National Structured Settlements Trade Association (NSSTA), thus augmenting credibility and power of resolve. Chris Diamantis, CEO of Millennium Settlements Inc., was in the past executive chairman of IFS, leading a seven-company IFS combine and attaining considerable knowledge and expertise about the settlement and insurance industry. Resolution of personal injury cases through court jurisdictions or settlements post-understanding is not subject to appropriate financial expositions that will fortify intended financial futures. Most claimants have no prior experience of investments appertaining to lump sum amounts. These antipodal decisions are best mitigated by Millennium Settlements. With high proficiency in financial planning and conversance with fiscal laws, the consultants provide injured parties with inexpungible financial tax-free stratagem to expedient to their future monetary requirements.
Millennium Settlements Inc. is one of the few companies that aggregate both the claimant and the plaintiff counsel's intonations and encourage the plaintiff's free retention of their planner with the company for consultive recommendations towards ongoing negotiations. As expert advisors, the company is medial to the plaintiff and the claimant to accredit conspicuously rated insurance companies for the placement of structured settlements. Millennium Settlements Inc. absolves competent contemplation to the preservation of public benefits and consigns prudent advice to the counsel with an aim to conform to the criterion. The company is well-disposed to sustain several financial options for structured settlements and Special Needs Trusts. Individuals categorized in the Special Needs Trust are eligible to receive Medicaid besides specific government benefits.
The proceeds when placed into SNT are not considered as assets to qualify for government solatium. Amenities under this scheme are unique to SNT with no intention of providing the claimant with basic support. Millennium Settlements Inc. helps claimants establish Special Needs Trusts to privilege customers with a list of items inclusive of television, radio, CD players, movies, etc. The company is by far one of the leading providers catering to SNT. Millennium Settlements Inc. apportions protection of eligibility of SSDI/Medicare and SSI/Medicaid. Consultants appointed on behalf of the company will dissuade Medicare benefits with the 'Medicare Set Aside' and for Medicaid, the company advocates claimants against the loss of benefits when they are privileged for supplementary incomes. Retention of such benefits is allowed for handicapped individuals under Special Needs Trust. All situational evaluations by Millennium Settlements consultants will steer claimants towards legitimate directions meant for long-term benediction.
The Internal Revenue Code has indicatively authorized Millennium's Qualified Settlement Funds to collect remuneration without transgressing the constructive receipt doctrine. This way, an evanescent structured settlement is formulated to hold funds with no impact on the eligibility of public assistance. One of the most distinctive services provided by Millennium Settlements Inc. is the International Wire Program floated in partnership with IFS (Integrated Financial Settlements) and Evolve Bank & Trust that executes international transfer of funds to any country from the United States. The company provides expediency to foreign nationals who cannot open bank accounts in the United States to facilitate the flow of funds, an activity unavailable with insurance companies. With restricted paperwork requirements, the company promotes the transposition of emoluments to the structured settlement recipient. Also distinctive is the service rendered to the claimant is the temporization of attorney fees. Tax-deferral benefits are derived by the individual under the Qualified Pension Plan but without the allegiance to a qualified plan and choosing the initiation of the benefit at a particular time. The fees are spread over a period of time thus avoiding the progression of the benefit into higher tax brackets. The intention is to defer attorney income and taxes to enable returns associated with the market deviating from the traditional structured settlement annuity fee and graduating into the Fee Structure Plus plan. Customized plans are drafted for attorneys in conjunction with their recompense.
Millennium Settlements Inc. provides stratagems under structured settlement annuity, Fee Structure Plus (FSP), and Enhanced Attorney Fee Structure (EAFS) to defer fees and taxes, divagated and non-traditional yet authorized investments if their fees and invest fees into pre-selected Vanguard Life-Strategy Funds managed by Midwest Trust thus deferring income, taxes, and cashing a higher rate of return, respectively. For non-qualified structured settlements that were not practicable to the structured settlement classification, Millennium Settlements Inc. proffered dispute and claim resolutions not befitting the standard structured settlement form. Receipt of financial consideration from the rudimentary party by the assignment company leads to the purchase of the non-qualified annuity to annihilate repugnant outcomes as it would hitherto.
The customer is advised benefits such as deferral of tax liability, competitive rates of return, minimized costs and time-saving negotiations, and customized periodic payments. The company's society-consciousness led to the emergence of The Millennium Angel Foundation, a charitable organization that raises funds for individuals with different obligations. Available for both individuals and organizations, assistance and support are offered for victims involved in cataclysmic accidents. Established in 2009, the foundation serves injured victims who cannot meliorate themselves. Committed to the cause of individuals with high levels of limitations, The Millennium Angel Foundation raises funds, donations, and encourages partnerships to benefit bereaved persons. The company enjoys an open publication called the ISSUU Millennium that provides information about the company's plans and propagates its future plans. Millennium Settlements Inc. is a company that apprehends true people service through its enumerated discernment of market situations and industry verticals.
Our team of experienced professionals offers a wide range of services including strategic negotiation, facilitation, and dispute resolution. We specialize in helping clients maximize the value of their settlements, while minimizing the costs and complexities associated with them. Our team has a wealth of experience in a variety of industries, which allows us to provide creative and innovative solutions to complex settlement issues. We assist clients in developing settlement strategies and structuring agreements, as well as in negotiating and facilitating settlement agreements. We also provide mediation and other dispute resolution services to help resolve the underlying disputes that often lead to settlement negotiations. Our team works closely with clients to ensure that settlements are mutually beneficial, and that all parties involved are satisfied with the outcome.