Injured / Disabled People
Our plans and reports have produced COURT APPROVED SOLUTIONS that break with convention and provide the potential for higher returns while still providing guarantees and risk protection.
First off, you’re not alone. Most people who endure traumatic experiences like this feel this way. While your medical and rehabilitation teams try to advance the recovery process and your legal team prepares to fight the insurance companies, it is our job to help you sort out financial details and find the best way forward.
We have three highly specialized services designed specifically around the needs of the injured, their loved ones, and their legal team. They are:
The Hudson Financial Assessment™
Designed to help guide and support the client between the date of loss and the date of settlement, this service examines the client’s household budget and financial risk with the goal of keeping the client financially sound while in dispute with the insurer. If the client remains financially buoyant during this period, he/she will be less likely to accept a lowball offer to settle. The cost for this service is covered under the SABS and is fully recovered within one year in most cases.
Pre-settlement Financial Analysis Reporting
This service is typically engaged by the legal team and is designed to produce expert analysis of the effects of terms imposed by the defense in a settlement offer and compare them to alternatives. For example, if the insurer insists that some percentage of the ABs is to be structured for the purpose of reversion, we will illustrate what that condition will mean to the client with regard to the longevity of the award. Knowing that the imposed conditions will mean that the money will run out before end of life is a powerful negotiating tool.
Put an end to arbitrary decisions with fact-backed analysis that has led to court-approved solutions.
The Hudson Litigation Award Protection Plan™
Our core and longest standing service for the injured, The HLAPP™ is an immensely detailed financial and risk management plan for the client and the client’s family. In this, we go to great lengths to examine risk and build mitigation strategies and craft detailed budgets and asset management plans to give the client the best possible results from the award.
By: Maria Campanella, M.Sc. The benefits of the Disability Tax Credit (DTC) go beyond just reducing last year's taxes. These savings could quadruple in a Registered Disability Savings Plan (RDSP), which is only available to those who are approved for the DTC. Yet, we...