When the Centers for Medicare and Medicaid Services (CMS) published the most recent Version 3.3 of its Workers Compensation Medicare Set-Aside Arrangement (WCMSA) Reference Guide on April 19, 2021, no one within the structured settlement or settlement planning marketplaces appears to have noticed a development that could impact structured settlements annuities. Enacted in 1980, the Medicare Secondary Payer (MSP)...
“We can’t become what we need to by remaining what we are.” – Oprah Winfrey In her new book titled “Investing is Your Superpower,” written primarily for the types of female professionals who have organized the National Structured Settlement Trade Association’s Women’s Caucus and the American Association of Settlement Consultants’ Alliance for Women, Shinobu Hindert prefaces her concluding chapter...
NSSTA President Michael Goodman opened the 2021 National Structured Settlement Trade Association Conference, hosted virtually May 5-7 by Goodman, NSSTA Executive Director Eric Vaughn and Director Ravi Vaswani, by announcing he plans to ask NSSTA’s new Board of Directors to review and re-write the NSSTA Mission Statement as part of a strategic review of “what we are and what we will be.”...
Congratulations to the National Structured Settlement Trade Association (NSSTA) which will be celebrating its 35th Anniversary as part of its 2021 virtual Annual Conference May 4-7. Despite Pre-NSSTA’s lengthy and significant history, members may not be fully aware of the many events which preceded NSSTA’s formation in 1986 which played an important role in the history...
In her new book titled “The Scout Mindset”, author Julia Galef, co-founder of the Center for Applied Rationality, utilizes a comparative military metaphor, “soldiers vs. scouts,” to contrast two antithetical types of mindsets and methods of reasoning. Metaphorically speaking: A soldier mindset causes an individual or a group to defend their beliefs against perceived threats, to seek out supporting...
As the National Structured Settlement Trade Association (NSSTA) prepares to recognize its own 35th Anniversary during its upcoming 2021 virtual Annual Conference, it is also appropriate to note another important settlement planning development that occurred in 1986: the enactment of IRC 468B – with important regulations and revenue procedures added in 1993. What are Qualified...
In this episode of Settlement Nation I chat with James DeSimone, the founder of V. James DeSimone Law. James is one of the most highly regarded employment lawyers and civil rights advocates in Los Angeles, successfully achieving multi-million dollar settlements and verdicts on behalf of his clients. James was voted California Civil Rights Lawyer of the Year 2014,...
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