Michigan’s Top Brokerage in Structured Settlements, Paper Trail, Inc, Follows Principles of the National Structured Settlements Trade Association NSSTA
Director for structured settlements in Michigan at Paper Trail, Inc., Bernard Hardrick warns public against unscrupulous companies in the financial institution.
Hardrick, a principle officer at Paper Trail, believes in those guidelines. “We all should strive to exercise fidelity or a faithfulness to the obligations and duties we have accepted on behalf of our clients as well as any obligation to others involved in the structured settlement process.”
Founded in 1984, NSSTA represents nearly 1,200 licensed consultants, attorneys, insurance companies, and other professionals who work with accident survivors and their dependents.
Encouraged by the federal tax code since 1983, structured settlements provide strong financial security to victims of physical injuries and their families. Using a tailored stream of payments, a structured settlement provides a long-term payment stream that is completely exempt from state and federal income taxes.
The Michigan Legislature passed a law in September 2006, revising the Structured Settlement Protection Act: AN ACT to regulate the transfer of structured settlements in Michigan rights; to place conditions on the transfer of structured settlement rights; to establish a procedure for approval of transfer of structured settlement rights.
Bernard Hardrick points out that a structured settlement in Michigan has the benefits of: 1) tax-free income, 2) maximum security, and 3) flexibility in setting up your periodic payments.
Contact Bernard Hardrick at Paper Trail, Inc.
This press release was submitted by Grow Small Biz.
Paper Trail, Inc.
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