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Attorney Fee Deferral

Claimants’ Top 3 Settlement Questions, Answered May 19, 2017

Depending on the complexity of a claimant’s case, attorneys sometimes spend years working to achieve a positive outcome. While settlement represents the closure of one chapter, it can also bring up a host of concerns for the claimant. Here are three ...

Attorneys: Are You Minimizing Your Tax Obligations? Apr 17, 2017

Today is the deadline to file 2016 tax returns and once again, you may have found yourself stuck with a large tax obligation. Every year, thousands of attorneys pay more in taxes than they need to because they haven’t explored all of their tax ...

If an Attorney Wants to Structure Fees, Does the Claimant Also Have to Structure? Mar 28, 2017

Structured attorney fees can be an excellent strategy for an attorney who wants to spread out their tax burden over time or add a stable source of reliable income to a retirement portfolio. The ability to structure fees must be included in the ...

5 Tips for Improving Client Satisfaction in 2017 Jan 13, 2017

Whether you are a seasoned attorney or just starting out, you know how important it is to keep a steady stream of satisfied clients. Here are 5 ways your settlement planner can help increase your firm’s standard of client care this year: 1. MEDIATION ...

Government Benefit Protection

Claimants’ Top 3 Settlement Questions, Answered May 19, 2017

Depending on the complexity of a claimant’s case, attorneys sometimes spend years working to achieve a positive outcome. While settlement represents the closure of one chapter, it can also bring up a host of concerns for the claimant. Here are three ...

Using Structured Settlements to Resolve Workers’ Compensation Claims May 10, 2017

If you have ever been injured on the job, you know how overwhelming it feels to try and replace your income while you and your family try to adjust to a new normal. Workers’ compensation rules vary by state and often provide only limited assistance ...

What Purpose Does a Medicare Set-Aside Serve? Apr 4, 2017

Claimants who are currently on or expect to be on Medicare in the near future need to pay special attention to how their injury-related medical expenses are handled. Medicare Secondary Payer laws stipulate that Medicare’s interests must be adequately ...

Settlement Planning: A Case Study Mar 10, 2017

Whether your client is a minor child, a working age adult, or an elderly claimant, a settlement planner can be a valuable addition to your team. Unlike a broker or a financial advisor who focuses solely on the finances, a settlement planner takes a ...

Lien Resolution & Medicare

Using Structured Settlements to Resolve Workers’ Compensation Claims May 10, 2017

If you have ever been injured on the job, you know how overwhelming it feels to try and replace your income while you and your family try to adjust to a new normal. Workers’ compensation rules vary by state and often provide only limited assistance ...

Big News for Liability Medicare Set-Asides (LMSAs) May 5, 2017

Over the past several years, requirements for Workers’ Compensation Medicare Set-Asides (WCMSAs) have been somewhat well-established. The Centers for Medicare and Medicaid Services (CMS) now routinely update their WCMSA Reference Guide , providing ...

What Purpose Does a Medicare Set-Aside Serve? Apr 4, 2017

Claimants who are currently on or expect to be on Medicare in the near future need to pay special attention to how their injury-related medical expenses are handled. Medicare Secondary Payer laws stipulate that Medicare’s interests must be adequately ...

Does a Personal Injury Settlement Affect Medicaid? Jan 24, 2017

When you are injured, the last thing you want to think about is losing money that provides for your medical needs. Did you know that accepting a personal injury settlement could jeopardize your Medicaid benefits, or that you may have to reimburse ...

Mass Tort Settlement

What is the Difference Between a Mass Tort and a Class Action? Dec 20, 2016

When a large number of individuals (claimants) experience physical or financial harm resulting from the actions of the same defendant(s), it may make sense to group all of their lawsuits together. Mass torts and class action lawsuits are two of the ...

What Should You Expect From a Qualified Settlement Fund Administrator? Jun 8, 2015

Once a settlement is reached, it is important that each claimant has the time to make well-informed decisions about how to handle their portion of the recovery. In order for that to occur, neither the plaintiff law firm(s) nor the claimant(s) can ...

What Do My Mass Tort Clients Need to Consider? Nov 6, 2014

Mass tort cases can involve hundreds, sometimes thousands of claimants. Some claimants may have minor injuries, while others may have experienced life-altering injuries or the death of a loved one. For those receiving a settlement as the result of a ...

Minors' Settlements

Read This Before Settling Your Next Minor’s Case May 12, 2017

One of our attorney clients recently expressed frustration that for minors’ cases, a registry of the court seemed like the only viable option for settlement. Registries of the court, surrogate bank accounts, and blocked savings accounts are all safe ...

Minors and Structured Settlements Mar 10, 2017

Injury cases involving minors often involve the strictest settlement requirements. Because minors are considered unable to make their own financial decisions, courts typically lean towards conservative financial approaches. One of the most common ...

What Happens When a Minor Settles a Lawsuit? Jan 10, 2017

For a parent, there are few things more frightening than when your child is injured. If a lawsuit is involved, that can make the situation even more overwhelming. Here are the basic things you need to know about what to do if you expect that your ...

What Happens to Trusts for Minors? Dec 14, 2016

When money is reserved for a minor—whether as the result of a settlement or an inheritance—the primary goal is to make sure that they money is there when it’s needed. A trust is one of the best ways to protect funds for a minor. Here are the basics ...

Qualified Settlement Funds

What is the Difference Between a Mass Tort and a Class Action? Dec 20, 2016

When a large number of individuals (claimants) experience physical or financial harm resulting from the actions of the same defendant(s), it may make sense to group all of their lawsuits together. Mass torts and class action lawsuits are two of the ...

Everything You Need to Know About QSF Administration Dec 8, 2016

When there are thousands of claimants involved in a case, it can be a challenge to manage the settlement proceeds. A Qualified Settlement Fund (QSF) is an account that holds the settlement proceeds, providing both the plaintiffs and the defendant ...

The Top 5 Reasons to Use a QSF Jan 18, 2016

A Qualified Settlement Fund (sometimes referred to as a 468B Trust or a “QSF”) is a tool for resolving mass tort settlements and other types of cases involving multiple claimants. There are a number of reasons why both plaintiffs and defendants favor ...

What Should You Expect From a Qualified Settlement Fund Administrator? Jun 8, 2015

Once a settlement is reached, it is important that each claimant has the time to make well-informed decisions about how to handle their portion of the recovery. In order for that to occur, neither the plaintiff law firm(s) nor the claimant(s) can ...

Recent Legal Rulings

Big News for Liability Medicare Set-Asides (LMSAs) May 5, 2017

Over the past several years, requirements for Workers’ Compensation Medicare Set-Asides (WCMSAs) have been somewhat well-established. The Centers for Medicare and Medicaid Services (CMS) now routinely update their WCMSA Reference Guide , providing ...

CFPB Releases Warning on Factoring Transactions Apr 10, 2017

On April 9, 2017, the Consumer Financial Protection Bureau (CFPB) released a letter warning consumers about the dangers of factoring transactions. The warning, in part, states: You could receive much less cash than your settlement is worth. Dealing ...

Think Your Constitutional Rights are Guaranteed? Think Again. Jan 27, 2015

For more than 200 years, the Seventh Amendment has given ordinary citizens the right to a jury trial, even when facing the most formidable of opponents. In the eyes of the courts, a young mother fighting for her child injured during delivery is ...

The New IRS Private Letter Ruling: What Does it Mean for Claimants Who Want to Structure? Sep 16, 2014

Last week, the IRS released a Private Letter Ruling that included a section regarding the entrance of an annuity provider (presumably) into the secondary structured settlement market. This section reads, Separate from the Qualified Assignment and ...

Settlement Planning

Claimants’ Top 3 Settlement Questions, Answered May 19, 2017

Depending on the complexity of a claimant’s case, attorneys sometimes spend years working to achieve a positive outcome. While settlement represents the closure of one chapter, it can also bring up a host of concerns for the claimant. Here are three ...

Structured Settlement Broker vs. Settlement Planner: What’s the Difference? May 17, 2017

In the legal industry, it’s not uncommon to hear the word “broker” used to describe any number of individuals who assist in determining how to handle the settlement recovery. There are key differences between a broker and a settlement planner, ...

Settlement Planner Spotlight: George Audi, CFP®, ChSNC™ May 1, 2017

George Audi, CFP® (Certified Financial Planner), ChSNC™ (Chartered Special Needs Consultant) Primary Office Locations: Sinking Spring, PA & Philadelphia, PA Why did you choose to become a settlement planner? I was in the financial planning business ...

4 Ways to Maximize Your Personal Injury Settlement Apr 25, 2017

Receiving a personal injury settlement may help provide a sense of closure to an emotionally charged time in your life. For many claimants, though, post-settlement can also be stressful. The realities of handling hundreds of thousands, or even ...

Special Needs Trusts

What is Eligible for Special Needs Trust Distributions? Mar 23, 2017

A special needs trust is a type of account that protects the assets of a disabled individual and in many cases, allows the disabled individual to maintain eligibility for vital needs-based government benefits , such as Medicaid and SSI. Most often, a ...

Settlement Planning: A Case Study Mar 10, 2017

Whether your client is a minor child, a working age adult, or an elderly claimant, a settlement planner can be a valuable addition to your team. Unlike a broker or a financial advisor who focuses solely on the finances, a settlement planner takes a ...

What is a Pooled Trust Account? Feb 15, 2017

If you have a loved one with a disability, you may have heard of special needs trusts (SNTs). When a disabled individual who is on needs-based benefits (e.g. SSI, Medicaid, etc.) receives an injury settlement, a special needs trust can help preserve ...

Does a Personal Injury Settlement Affect Medicaid? Jan 24, 2017

When you are injured, the last thing you want to think about is losing money that provides for your medical needs. Did you know that accepting a personal injury settlement could jeopardize your Medicaid benefits, or that you may have to reimburse ...

Spend Down

Will a Spend Down Save Your Client's Benefits? Aug 1, 2016

People who rely on public benefits to meet their medical needs can run into trouble if they receive a settlement. When determining eligibility for basic Medicaid and/or Supplemental Security Income (SSI), assets are typically limited to $2,000 for ...

Structured Settlements

Claimants’ Top 3 Settlement Questions, Answered May 19, 2017

Depending on the complexity of a claimant’s case, attorneys sometimes spend years working to achieve a positive outcome. While settlement represents the closure of one chapter, it can also bring up a host of concerns for the claimant. Here are three ...

Structured Settlement Broker vs. Settlement Planner: What’s the Difference? May 17, 2017

In the legal industry, it’s not uncommon to hear the word “broker” used to describe any number of individuals who assist in determining how to handle the settlement recovery. There are key differences between a broker and a settlement planner, ...

Read This Before Settling Your Next Minor’s Case May 12, 2017

One of our attorney clients recently expressed frustration that for minors’ cases, a registry of the court seemed like the only viable option for settlement. Registries of the court, surrogate bank accounts, and blocked savings accounts are all safe ...

Using Structured Settlements to Resolve Workers’ Compensation Claims May 10, 2017

If you have ever been injured on the job, you know how overwhelming it feels to try and replace your income while you and your family try to adjust to a new normal. Workers’ compensation rules vary by state and often provide only limited assistance ...

Trusts and Wealth Management

What is a Pooled Trust Account? Feb 15, 2017

If you have a loved one with a disability, you may have heard of special needs trusts (SNTs). When a disabled individual who is on needs-based benefits (e.g. SSI, Medicaid, etc.) receives an injury settlement, a special needs trust can help preserve ...

What Happens to Trusts for Minors? Dec 14, 2016

When money is reserved for a minor—whether as the result of a settlement or an inheritance—the primary goal is to make sure that they money is there when it’s needed. A trust is one of the best ways to protect funds for a minor. Here are the basics ...

The 3 Types of Special Needs Trusts You Should Understand Aug 3, 2016

A disabled individual who receives a settlement award may face certain consequences if the settlement award is accepted as a lump sum. First Party Special Needs Trusts A first party special needs trust (sometimes referred to as a “(d)(4)(a) trust”) ...

Which Type of SNT is Right for Your Disabled Client? Sep 14, 2015

An individual who receives money from a personal injury settlement has a number of important considerations when it comes to how the funds will be distributed. For those on needs-based government benefits such as Medicaid and SSI, the additional ...

Uncategorized

Probate and Settlement: Is Your Client Legally Authorized to Participate? Feb 28, 2017

There are a number of issues that can arise during settlement, not the least of which is matters surrounding probate . Probate laws vary by state and within each state, county probate courts have their own sets of rules and procedures. Settlements ...

We are proud to partner with the highest rated structured settlement providers in the industry:

  • American general Life Companies
  • Berkshire Hathaway Structured Settlements
  • Liberty Life Assurance Company of Boston
  • MetLife
  • Mutual of Omaha
  • New York Life
  • Pacific Life
  • Prudential