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What is the difference between a “qualified” structured settlement and a “non-qualified” structured settlement? When describing a structured settlement, the terms “qualified” and “non-qualified” generally refer to “assignments” and IRC Section 130. The primary tax difference, from a structured settlement recipient’s perspective, is that “qualified” structured settlement periodic payments are excluded from income tax whereas...

How Can Public Benefits Supplement Your Structured Settlement? One of the first steps every personal injury plaintiff should take following an accident, with the assistance of your attorney or structured settlement planner, is to take an inventory of any public benefit programs you are currently taking advantage of and to determine what other programs they...

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 is a Structured Settlement Consultant and Why Do You Need One? According to the National Structured Settlement Trade Association, “Structured settlement consultants are available to discuss your needs and hopes for resuming your life after your injury. They will educate you about what a structured settlement is and if it is a suitable solution to meet your...

Book Review: What You Can Expect When Expecting a Settlement Assuming you are a professional structured settlement consultant and/or settlement planner, what is the first advice you generally offer to your clients who are expecting a financial settlement? Traci Kaas, an Independent Life agent, who identifies herself professionally as a Certified Financial Transitionist (CeFT), a...