Warren Buffett, chairman and CEO of Berkshire Hathaway, recently offered a strong endorsement of structured settlements. His comments were provided to the National Structured Settlements Trade Association (NSSTA).
Buffett has been an ardent proponent of structured settlements for decades. He’s grown Berkshire Hathaway into one of the largest structured settlement annuity providers in the marketplace.
Here’s his quote:
“Anyone settling a personal injury claim should seriously consider a structured settlement as part of their plan for financial recovery. Structured settlements can stretch settlement funds by providing tax-free payments for lost income, medical bills or other future needs, which delivers tremendous long-term security for injured people and their families. Berkshire Hathaway is proud to be a leading provider of structured settlement annuities.”
For questions about structuring options, please feel free to give me a call.