Synergy Blog

Synergy President Interviewed for Article discussing “Pre-Owned Annuities” Delivering Powerful Returns

By Jason D. Lazarus, J.D., LL.M., MSCC, CSSC

Synergy’s President, Anthony F. Prieto, Jr., CFP® was interviewed for an article regarding what was referred to by the author as “pre-owned annuities”.  Synergy has a proprietary product, Enhanced Structured Income™ (“ESI” for short) which harnesses the power of these pre-owned annuities for injury victims, attorneys and other investors.  Enhanced Structured Income™ streams are fixed structured settlement annuity payment rights that have been sold at a significant discount to a third party purchaser. After the sale, the structured settlement annuity payment obligation remains in force and can be legally transferred to a new buyer through the purchase of ESI ™. When ESI ™ is purchased, the buyer is legally transferred the rights to future fixed structured settlement annuity payments in return for a one time lump sum investment.  ESI offers returns in the 5 – 7% range depending on deferral and duration.

To read the article, click HERE

TESTIMONIALS

"I recently engaged Synergy to assist with a complicated PTD settlement involving a substantial Medicare Set Aside. The claimant’s wife has been providing full time attendant care which is not Medicare covered. The Synergy nurse was able to do a full analysis of non-Medicare covered expenses which far exceeded the value of the MSA analysis performed by the carrier’s contracted MSA provider. The non- Medicare figures became the main focus of the settlement negotiations and more than doubled the value of the case. Although I could estimate the attendant care figures, the nurse added in other items that I would not have routinely considered. I also asked Synergy to evaluate the EC’s MSA as well as their prescription review. Synergy offered insight about the prescription donut hole which I did not have a clear understanding about. Again, their insight and information added a great deal of value to the overall settlement. Not only did I learn from Synergy but was able to educate my clients in the process. These are very complex and complicated areas; I will use Synergy again and again!"

Rosemary Eure
Lancaster & Eure

"I just wanted to say thanks to you and the entire Synergy Settlement Services team for helping us put together a series of structured settlements and special needs trusts in two complex cases involving significant recoveries. As always, your accessibility, guidance and expertise on a whole host of post-settlement issues is very much appreciated and valued, particularly with respect to the often confusing topic of Medicare set asides. I look forward to our continued collaboration on cases in the future and am very appreciate of the first rate service your company continues to provide to our clients."

Stephan Le Clainche
Formerly of Babbitt, Johnson, Osborne & Le Clainche

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