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3 Tips for Preparing a Mediation involving Structured Settlements

3 Tips for Preparing a Mediation involving Structured Settlements From a structured settlement perspective, whenever a plaintiff attorney is preparing for a mediation involving various tort and non-tort case, the attorney should address the following questions:  Have I advised my client about structured settlements and provided my client with adequate resources to allow my client to express an informed...

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...

Structured Settlements and Periodic Payment Judgement Book Release 66

Structured Settlements and Periodic Payment Judgement Book Release 66 Since it was first published in 1986, “Structured Settlements and Periodic Payment Judgments” (S2P2J), has provided structured settlement stakeholders with an authoritative reference guide, consisting of 16 chapters with extensive footnotes and Appendix documents, to help them understand issues and fashion settlements and judgments utilizing periodic...

Why the Market Needed a New Non-Qualified Structured Settlement Plan

Why the Market Needed a New Non-Qualified Structured Settlement Plan Structured settlements are typically associated with physical injury, sickness, wrongful death or workers’ compensation claims. In these cases, the tax code allows the claimant to receive income tax free compensation for their injuries, spread over time, from a trusted life insurance company via a §130(c) qualified assignment but...

What are ABLE Accounts?

  ABLE accounts, similar to special needs trusts and pooled trusts, allow qualifying persons with disabilities, including personal injury victims, to save money without jeopardizing their eligibility for means-tested public benefits.  Means-tested public benefit programs generally impose income and resource limitations. For example, to qualify and remain eligible for Social Security Income (SSI) and Medicaid,...

CMS WCMSA Reference Guide Version 2-9

CMS WCMSA Reference Guide Version 2-9 Workers’ Compensation Medicare Set-Aside Arrangements (WCMSAs) have become an important submarket for structured settlement annuities. Arguably, the primary reason has been a significant cost advantage CMS has provided for structured settlement annuities (perhaps unintentionally) compared with lump sums. The basis for the cost advantage CMS has provided to structured settlement annuities results from the...