Non-Physical Injury Victims
Non-Qualified Assignments or Non-Qualified Structured Settlements
Non-Qualified structured settlements can be used for many types of settlements where there is not a physical injury within the meaning of Section 104(a)(2) of the Internal Revenue Code. When done properly, a non-qualified structured settlement will result in a pre-tax and tax-deferred investment vehicle for settlement proceeds. Non-qualified structured settlements can also be used in the sale of highly appreciated assets using installment sales. This can be done with the sale of a business or real estate. A non-qualified structured settlement can also be used for professional athlete signing bonuses or celebrity endorsement fees. A tax advisor should be consulted regarding tax consequences, if any.