The desire to protect injured people and provide for their future needs created the Structured Settlement industry.
Internal Revenue Service rulings created the ability to make tax-free future income streams an important basic benefit of a Structured Settlement.
EPS Settlements Group created the industry standard for innovation and quality.
IRS rulings made it clear that periodic payments to claimants in personal physical injury cases were free of all income taxation if certain conditions were met. And, in the mid 1970’s visionary individuals set out to provide an innovative alternative to the previously traditional lump sum method of settlement of personal physical injury cases. These individuals founded firms that developed reputations for delivering exceptional quality and service: Kenneth H. Wells & Associates, Benefit Designs, Inc., and The Structured Settlement Company, Inc. In 1998, these highly regarded companies came together to form EPS Settlements Group, Inc.
Today, EPS continues the proud tradition of those pioneering companies with innovation, use of technologically advanced tools, quality solutions and service, and most importantly, a staff of experienced people with years of wide-ranging expertise. EPS provides many services to Insurers, claimants and their counsel that ensure quality, accuracy, efficiency, and confidentiality to all parties throughout the settlement process.