RECOVERY FOR EXECUTIVE LIFE (ELNY) ANNUITANTS

Ultimate recovery of cut benefits for Executive Life (ELNY) annuitants may depend upon the underlying settlement documents from the initial lawsuits which resulted in the issuance of the Executive Life annuity contracts. Structured settlement annuity contracts resulting from the settlement of personal injury or wrongful death lawsuits differ from annuity contracts purchased for investment purposes.  All Executive Life annuitants whose benefits are slated for cuts in the third quarter of this year should have their settlement documents reviewed carefully.

If you are an Executive Life (ELNY) annuitant whose benefits are slated for reduction, we can perform an analysis of your settlement documents to determine if you can recover lost benefits from third parties.  If you received a December, 2011 notification of benefit reductions, please contact us at eddie@edwardstonelaw.com or (203) 504-8425.  Our initial consultation is available at no charge.