Best Interest Standard Definition

Have you ever wondered what Best Interest Standard means?

Internal Revenue Code Sec. 5891 and most state laws require that a court find that a proposed settlement factoring transaction, or the sale of structured settlement payments, be in the best interest of the seller, taking into account the welfare and support of any dependents. The court approval process is designed to ensure this standard.

Client First Settlement Funding

If you have a structured settlement or annuity and want to exchange some or all of your future payments for a lump sum, contact us at Client First. Our professionals will provide you with different lump sum options you can explore. Then you can consult with your loved ones and/or your legal and financial advisors to decide what you should do with your structured settlement. If you would like more information, call us at (888) 594-1195 or fill out the form below.

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