Perils of Structured Settlement Receivables Investments
Structured Settlement Industry Panel Included 4structures.com LLC President Warning Beacon on Recycled Structured Settlements 4structures.com LLC President John Darer participated in a panel on “The Perils of Recycled Structured Settlements” at the annual meeting of the National Structured Settlements Trade Association that took place in Charleston, South Carolina in April 2019. In addition to his […]
Structured Settlement Assignment Agreements
What Exactly is Being Assigned in a Qualified or Non Qualified Assignment? It is the obligation to make future periodic payments that is assigned when a structured settlement is established Important tip concerning the fundamentals of structured settlement documentation When a structured settlement is established. the sequencing goes as follows: Periodic payment obligation is established […]
Lebron James’ Sudden Money Story
A Valuable Lesson for Structured Settlement Annuitants as Young Adults Lebron James got his professional start with the Cleveland Cavaliers Photo credit : D 82698944 © Stechouse | Dreamstime.com Life Changing Amounts of Money and Lessons LearnedKneading Dough is an award winning series, in which superstar athletes discuss life-changing amounts of money and lessons they’ve […]
Taxes on Structured Attorney Fees
Important Settlement Planning Tip for Lawyers to Avoid Unexpected Tax Hit Avoid a 1099 Surprise By Scheduling Modal Payments at Least 7 Business Days into the Month Safe Dating Practices for Trial Lawyers Lawyers structuring attorney fees may wish to avoid having payments that are scheduled to be paid during the first few days of […]
Does It Make Sense to Structure a Very Small Case?
When Does It Not Make Sense? In March 2024, Metropolitan Tower Life Insurance Company (Met Tower Life) announced an increase to a minimum premium for all cases to $100,000 per case. To put things in perspective,six years earlier MetLife increased from $5,000 to $10,000! Does a $5,000 structured Settlement Make Financial Sense? Small case policy […]
Are Payments From a Structured Settlement Annuity taxable?
It’s a trick question The taxation of structured settlement annuity payments is a function of the type of damages that the annuity payments represent Shocking Fact About Structured Settlement AnnuitiesA common misconception is that structured settlement annuity payments are always not taxable. This is not true. While many types of cases are resolved using structured […]
Independent Life Structured Settlement Payee Protection
New Program Adds Important Protections, But… Independent Life Structured Settlement Protection Seeks to Keep Money Flowing to Payees Independent Life Insurance Company Structured Settlement Payee Protection Policy The Independent Life Insurance Compaay Structured Settlement Payee Protection Policy, believed to be the first of its kind and covenants that: Independent Life will not solicit payees for […]
Medicare Set Aside Administration
Should You Self Administer MSA or Use Professional MSA Administration? What is involved in MSA Administration? Source: CMS WCMSA Self-Adminisration Toolkit The Center for Medicare and Medicaid Services (CMS) published a helpful Workers Comp Medicare Set Aside Self Administration toolkit for those who are up to the task. The toolkit is 31 pages long and […]
Is a Structured Settlement an Annuity?
A Structured Settlement is Not An Annuity | What’s With The Confusion? “Pinky Brainstorm” strolling on treadmill contemplating the difference A structured settlement is not an annuity A structured settlement is a way of settling a claim or lawsuit, using a combination of cash and customized stream (or streams) of future periodic payments. An annuity […]
KY KO’s Sales of Workers Comp Structured Settlements
Upholds Structured Settlements Anti-Assignment Provisions ARE Enforceable The Kentucky Supreme Court ruled unanimously in favor of AIG subsidiary, American General Life Ins. Company, against DRB Capital LLC in a case involving attempted factoring of payment rights under a workers’ compensation settlement, upholding theenforceability of anti-assignment provisions in the settlement documents and ruling that the Kentucky […]