ClaimantPlan
ABOUTUS
Havelet is an independently owned assignment company that provides periodicpaymentsolutionstoclaimantswhowishtostructurereceiptoftheirqualifiedornon-qualified settlements in a tax-efficient manner. Independent from anyinsurance company,Havelet is able to offer a variety of carefully designed anddynamicallyinvestedstrategies.
OURPARTNERS
Aswehavenoconflictsofinterest,Haveletisabletoofferflexibleandcompetitivestructures utilizing world-class investment management, annuity and estateplanningcounterparties.
THEPLAN
TheHaveletPlanallowsaclaimant todefer receiptof theirsettlementuntil suchtimeasthemoneyisrequired.Each claimant selects their appropriate investment strategy, based on personalfinancialobjectivesandtimehorizons,withthehelpofalicensedadvisor.This is achieved by utilizing an assignment contract under which the defendantpays a sum representing some or all of the settlement to Havelet, and Haveletagreestomakeperiodicpaymentstotheclaimantinthefuture.Theprecisevalueof theperiodicpaymentswillbedeterminedby theperformanceof the selectedportfolio. Asthefundsare investedonapre-taxbasisandthe investmentscangrow tax-free, there is a much larger capital base than would otherwise be thecase.Thenetresultisahigherpost-taxsumtobereceivedbytheclaimant. Importantly,Havelet’sclientsareabletoparticipateinmarketratesofreturns,customize deferral and payment terms, select beneficiaries and contingentbeneficiariesandreceiveamonthlyinvestmentstatement.
WHOISTHEPLANAPPROPRIATEFOR?
ThePlanmaybeappropriateforanyclaimantwhoreceivesaqualifiedornon-qualifiedsettlement,providedthat:
• Thesettlementmoniesarenotimmediatelyrequired;• Theclaimanthasnotalreadyenteredintoacourtapprovedsettlement
agreementinrespectofthatsettlement.
TAXMATTERS
Havelet has obtained tax advice from a leading US Law Firm regarding the taxpositionofHaveletandtheclaimant.Afullopinionisavailabletoourprospectiveclients.Insummary,theclaimantshouldnotbesubjecttocurrentU.S.incometaxonthefull amount of their settlement paid to Havelet nor should any other taxconsequences apply (including U.S. federal estate, gift or transfer tax) to thestructure.UponreceivingdistributionsfromHavelet,theclaimantwillbesubjecttotaxonsuchdistributionsatordinaryrates.Havelet has been advised that that the entire amount ofeach payment fromHavelet to the claimant represents deferred income and not net investmentincomesubjecttotaxunderCodeSection1411andisthereforenotsubjecttotheAffordableCare3.8%taxonnetinvestmentincome.
INVESTMENTOPPORTUNITIES
Theclaimant’ssettlementwillbe investedbyHavelet inoneofseveralportfoliosdesigned by leading investment firms. Additionally, the claimant may select toworkwiththeirexistinginvestmentadvisorprovidedcertaincriteriacanbemet.The claimant will select the most appropriate portfolio for their circumstances,withthehelpofalicensedadviser.Theseportfoliosrunthespectrumofriskandrangefromconservative,traditionalstrategies to more aggressive alternative arrangements. A monthly investmentstatement,containingportfolioholdingsandperformance,willbeprovided.Forthoseclaimants interested inreceivingafixedrateof return,Haveletoffersaproprietary private placement product offered in conjunction with the A+ ratedBlackstoneGrouporretailannuityproductsofferedbyLincolnFinancial.Haveletdoesnotofferclientspecifictax,legalorinvestmentadvicebutisabletoliaisewithyouradvisorsinthisregard.
WHYHAVELET?
• Flexibledeferralandpaymentterms• Suitableforqualifiedandnon-qualifiedcases• Secureflowoffunds• Legallydocumentedstrategy• Estatetaxefficient• Unbiasedinvestmentopportunitiesbothvariableandfixed
Formoreinformation,pleasecontact:[email protected]/6174181828CompanyNumber:36524
Theinformationcontainedinthismaterialisbeingfurnishedtoprospectiveinvestorsonaconfidentialbasis,issubjecttochangeanddoesnotconstituteinvestmentadviceorarecommendation.Thismaterialdoesnotconstituteanoffertosellorthesolicitationofanoffertopurchasecontractrights (the“ContractRights”)withrespecttoastructuredattorney fee plan (the “Plan”) to be administeredbyHaveletAssignmentCompany Limited (“Havelet”). Suchoffer or solicitationmayonly bemadebymeansof delivery of aconfidential disclosurememorandum (and accompanying documents) that contains a description of thematerial terms of the Contract Rights and the Plan (including,withoutlimitation,riskfactors,conflictsofinterest,feesandcharges,andtaximplications).
TheinformationhereinreflectstheviewsofHaveletandsourcesbelievedtobereliable.NorepresentationorwarrantyismadebyHavelet(noranyoftheirrespectivepartners,members,employees,agentsorotherrepresentatives)astotheaccuracyorcompletenessoftheinformationcontainedherein.Thereisnoguaranteethatanyforecastsoropinionsinthismaterialwillberealized.Theviewsexpressedhereinmaychangeatanytimesubsequenttothedateofissuehereof.Thismaterialisbeingprovidedtoyouonaconfidentialbasis.Accordingly,thisdocumentmaynotbereproducedinwholeorinpart,andmaynotbereproducedordeliveredorprovidedtootherswhoarenotdirectlyconcernedwithaprospectiveinvestor’sdecisionregardingthepotentialpurchaseofContractRightswithoutthepriorwrittenpermissionofHavelet.
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