Blog

What Do Smart Phones Have in Common with Structured Settlements?

What Do Smart Phones Have in Common with Structured Settlements? If a future business historian were to make an analogy between the personal injury settlement planning market in 2030 and the smart phone market in 2020, which product will structured settlement annuities resemble more – the BlackBerry or the iPhone? When Chinese electronics company TCL Communication announced this week that...

What is a Qualified Settlement Fund?

What is a Qualified Settlement Fund? IRC 468B Qualified Settlement Funds (QSFs) provide plaintiff attorneys and their clients with important advantages as a settlement technique for complex personal injury cases. Almost always utilized in mass tort cases, QSFs are also applicable to, and represent the preferred method for settling, many complex single event tort cases....

Responsibilities of Plaintiff Counsel in Structured Settlements

Responsibilities of Plaintiff Counsel in Structured Settlements As the Mraz case demonstrates, even the most successful and sophisticated trial attorneys aren’t always familiar enough with structured settlement and settlement planning to identify and achieve a “best interest” result for their client. Similarly, the Grillo case points out the potential legal liability for plaintiff attorneys who do not...

AAJ Winter Convention 2020

AAJ Winter Convention 2020 The 2020 conference schedule has now begun! This week the Independent Life team is exhibiting at the American Association for Justice (AAJ) 2020 Winter Convention in New Orleans. While we are the only structured settlement annuity provider attending, four of our partner agencies will also be exhibiting: Forge Consulting Milestone Consulting Robert W....

Industry Education and Technology

Industry Education and Technology None of the 2019 educational conferences sponsored by the National Structured Settlement Trade Association (NSSTA) included any presentations about technology issues. This omission appears more the rule than the exception for recent NSSTA educational conferences. By comparison, the 2019 Annual Conference of the Society of Settlement Planners (SSP) featured a presentation...

Industry Education, Financial Products and Concepts

Industry Education, Financial Products and Concepts Should the National Structured Settlement Trade Association (NSSTA), and its members, be interested in education programs about financial planning products and concepts other than structured settlement annuities – and, if so, why? Addressing this question is part of a series of articles evaluating whether NSSTA needs to re-think and re-design its...

Industry Education and Ethics

Industry Education and Ethics The National Structured Settlement Trade Association (NSSTA) Code of Ethics, more formally referred to as NSSTA’s “Statement of Ethics and Professional Responsibility” is prominently featured on NSSTA’s website. NSSTA Code of Ethics In addition to a Preamble, which makes clear the Code’s applicability of its “guiding principles” to NSSTA members and their...