Revisiting Periodic Payment Judgments State periodic payment of judgment statutes originated in the United States as part of the tort reform movements of the 1970s and 1980s, some of which predate the Periodic Payment Settlement Act of 1981 ultimately establishing the federal income tax foundation for structured settlements. Though rarely studied today in industry educational...
Structured Settlements for Minors When a personal injury case involves a minor, structured settlements are frequently considered the best choice for a settlement option compared with other alternatives such as a trust account managed by a bank or investment consultant or a “court-protected” account both of which are typically released to the child at age...
The Gargan Case: Is the U.S. Government a Victim or a Perpetrator? The United States Department of Justice announced last week that Joseph E. Gargan, a scion of the Kennedy family and former Chief Executive Officer of The Pension Company, Inc., pleaded guilty to embezzling nearly $8 million that was intended to purchase structured settlement annuities for...
The Wall Street Journal published an article on June 12, 2020 highlighting a fundamental reason why structured settlements are more appropriate for many personal injury plaintiffs than alternative stock market investments. [Note: The Wall Street Journal requires a subscription for access to this article.] Titled “‘Volatility Is Everywhere’: The Market Tactic That’s Driving Stocks Haywire” and...
Free Download: 4 Reasons to Consider a Structured Settlement Thank you for your interest in our e-book, “4 Reasons to Consider a Structured Settlement.” We understand that people rarely have a casual need to research a structured settlement, so it is our goal to explain the benefits structured settlements can provide to individuals who have...
Misconceptions Attorneys Have About Structured Settlements Thank you for your interest in our e-book. Our goal is to help dispel any misconceptions attorneys may have about structured settlements, their benefits to plaintiffs, and their long-term value to attorneys themselves. Attorneys may think of structured settlements as an outdated or unfamiliar settlement technique and most plaintiffs’...
The Impact of COVID-19 on the Structured Settlement Market How has the Impact of COVID-19 pandemic impacted the structured settlement market to date and what impact will it have in the future? Upchurch was quoted prominently in an article titled “Annuity-Funded Structured Settlements Are Slowed by Legal Logjam” written by Warren S. Hersch and published...
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