|Structured Settlements Information|
Structured Settlements Information
A New President for the National Structured Settlements Trade Association Legal Talk Network
Michelle Caine talks about the advocacy for the financial security of injured people in legal settlements and raising awareness about the benefits of structured ...
Structured Settlement Claimants Rights Act Gains Momentum Legal Examiner
In April, we described the protections that the Structured Settlement Claimants Rights Act, also known as H.R. 2212, would provide plaintiffs and claimants if ...
Get out of credit card debt for good FOX 46 Charlotte
When the credit card bills keep arriving, you're barely paying your minimums and you're at a breaking point, what can you do? Take a deep breath and read on ...
Victims of lead-paint poisoning could receive more money following ruling Washington Post
Victims of lead-paint poisoning who lost millions in deals with a Chevy Chase company may be able to get more money back than they initially expected, after ...
Appeals court finds class settlement interferes with consumer protection case - Maryland Daily Record
Appeals court finds class settlement interferes with consumer protection case Maryland Daily Record
The Court of Special Appeals reversed a trial judge's approval of a settlement with victims of a lead paint settlement fraud, finding the parties could not.
Using Structured Settlements Palisades Hudson Financial Group
If you are not familiar with the term âstructured settlement,â you are already lucky; that probably means you have not been involved in a serious accident where ...
What Is My Structured Settlement Worth? Legal Examiner
If this sounds like you: I'm not sure if I want to sell my structure, nor do I even know where I would start. I see ads for companies all the time on Tv and the radio to ...
Delaware Supreme Court Explains 'MFW' Timing Requirement | Delaware Business Court Insider - Law.com
Delaware Supreme Court Explains 'MFW' Timing Requirement | Delaware Business Court Insider Law.com
When challenged transactions involving a corporation and its conflicted controlling stockholder invoke Delaware's rigorous form of judicial scrutiny known as ...
Bora Bora or Bust: Annuity Sales Incentives May Taint Structured Settlements for Accident Victims - Kiplinger's Personal Finance
Bora Bora or Bust: Annuity Sales Incentives May Taint Structured Settlements for Accident Victims Kiplinger's Personal Finance
Did you know that posh trips and other incentives are sometimes offered to those who recommend annuities for accident victims? Here's what consumers should ...
They sought âlead paint virginsâ and bought their settlements. It will be hard for those victims to get their money back. - Washington Post
They sought âlead paint virginsâ and bought their settlements. It will be hard for those victims to get their money back. Washington Post
A Chevy Chase company that made millions of dollars from deals with victims of lead poisoning targeted an âentire generation of youth coming of age in ...
DRB Capital Files Lawsuit Against Structured Settlement Companies Insurance News Net
The Lawsuit Alleges a Violation of Florida's Deceptive and Unfair Trade Practice Act, Tortious Interference.
To Structure (or Not to Structure) Your Settlement? Legal Examiner
It has been ten years since the financial meltdown of 2008. Even though most investors who stayed the course saw their assets rebound in value by the the ...
U.S. Claims Wins First Place in Two Categories in The Daily Report PR.com
Top-ranked pre-settlement funding company ranked the best in Georgia.
DRB Capital Goes After Structured Settlement Factoring Parasites PRNewswire
DELRAY BEACH, Fla., Jan. 15, 2019 /PRNewswire/ -- DRB Capital, LLC ("DRB Capital") today announced that as part of its continuing efforts to uncover and ...
J.G. Wentworth gets easier Aaa on next structured settlement ABS Asset Securitization Report
J.G. Wentworth first securitization of 2019 is backed by a similar mix of structured settlement and annuities receivables as its second deal of 2018, but the credit ...
Avoiding future interest is one way to look at your return on investment MoneySense
Q. I'm 47 years old and, after suffering a personal injury, have just been awarded a medical pension of $400 per month. The money is indexed annually and ...
The Evolution of the Structured Settlement Industry Legal Examiner
Are factored payments streams legal? Buying an existing structured settlement annuity, and having the rights to the payments due under the structured ...
MetLife Announces First Quarter 2019 Results Yahoo Finance
MetLife, Inc. today announced its results for the first quarter ended March 31, 2019.
What is your Structured Settlement Worth? Legal Examiner
Based on our recent post about the secondary market for structured settlement annuities, you know that transferring your rights due under your structured ...
Wells Fargo's Deceitful Practices Exposed Again In $98 Million Lawsuit Filed By Jaurigue Law Group - Yahoo Finance
Wells Fargo's Deceitful Practices Exposed Again In $98 Million Lawsuit Filed By Jaurigue Law Group Yahoo Finance
LOS ANGELES, May 21, 2019 /PRNewswire/ -- A $98000000.00 million lawsuit was filed in the California Superior Court against Wells Fargo Bank and its ...
Structured Settlement Industry Leaders Unite: Millennium Settlements separates from Integrated Financial Settlements and combines with The Settlement Alliance to form Sage Settlement Consulting - PR Newswire
Structured Settlement Industry Leaders Unite: Millennium Settlements separates from Integrated Financial Settlements and combines with The Settlement Alliance to form Sage Settlement Consulting PR Newswire
ATLANTA and HOUSTON, Oct. 29, 2018 /PRNewswire/ -- Founded in 1984, Millennium Settlements, Inc. is separating from Integrated Financial Settlements, Inc.
Why Congress needs to reform structured settlements | TheHill The Hill
OPINION | Is it fair to require a 4 percent fee to use a benefit Congress created for accident victims?
TV Agency CheapTVSpots.com Offers Simple Pay-As-You-Go Digital Video Production Services PR.com
Award-winning TV ad producer CheapTVSpots.com invites advertisers to try a new, Pay-As-You-Go plan for its popular commercial production services.
Settling for more: Isaacs offer attorneys and clients a dual lineup of services - Buffalo - Buffalo Business First
Settling for more: Isaacs offer attorneys and clients a dual lineup of services - Buffalo Buffalo Business First
Paul Isaac was a financial planner for only a short time when he noticed people who received settlement money from personal injury cases were prone to spend ...
Is Buying Asta Funding, Inc. (ASFI) Here a Winning Strategy? The MAK Daily
Investors sentiment increased to 0.57 in Q4 2018. Its up 0.07, from 0.5 in 2018Q3. It is positive, as 3 investors sold Asta Funding, Inc. shares while 4.
Lawmakers try to dislodge opioid response bill Duluth News Tribune
Plans passed by the House and Senate to respond to Minnesota's epidemic of opioid abuse overlap in many areas. Both contain a menu of requirements for ...
Companies accused of misleading consumers about settlements will pay restitution, attorney general's office says - Baltimore Sun
Companies accused of misleading consumers about settlements will pay restitution, attorney general's office says Baltimore Sun
A company accused of using misleading tactics to get consumers to take cash in exchange for settlements that would have given them regular payments over ...
Are You Going to Lose Medicare After Settlement? Legal Examiner
At the beginning of settlement talks in personal injury cases, clients frequently ask: âWhat will happen with my Medicare benefits when the settlement money ...
Amgen and Astellas pay $125.75 Million to Settle Allegations of Providing Illegal Kickbacks Through Patient Assistance Programs - Policy & Medicine
Amgen and Astellas pay $125.75 Million to Settle Allegations of Providing Illegal Kickbacks Through Patient Assistance Programs Policy & Medicine
On April 25, 2019, Astellas Pharma US Inc. (âAstellasâ) and Amgen Inc. (âAmgenâ) agreed to pay a combined $125.75 million to resolve False Claims Act (âFCAâ) ...
What's A "Structured Settlement"? Forbes
Like so much else in the world, structured settlements are mostly about taxes.
The structured-settlement industry is behind greater transparency Washington Post
The National Association of Settlement Purchasers supports proposed legislation in Maryland and Virginia that would supplement existing measures in order to ...
Antonucci: LA and Oakland teacher strike settlements are structured differently, but the results are the same - LA School Report
Antonucci: LA and Oakland teacher strike settlements are structured differently, but the results are the same LA School Report
Mike Antonucci's Union Report appears weekly at LA School Report. The Oakland teacher strike came to an end after seven days with another âhistoricâ contract ...
Protecting structured settlements in DC Washington Post
The Post recently revealed, using lead-poisoning cases in Baltimore as an example, that unsophisticated people with structured settlements are being victimized ...
Best Structured Settlement Companies for 2019 ConsumerAffairs
Want to sell a structured settlement? Find the best structured settlement companies. Read customer reviews. Learn about purchasing prices, surrender charges ...
Ametros Publishes White Paper on the Combination of Structured Settlements & Professional Administration - Business Wire
Ametros Publishes White Paper on the Combination of Structured Settlements & Professional Administration Business Wire
Ametros' white paper discusses pairing professional administration services with structured settlements to protect injured parties' settlement funds.
Consider the alternative InvestmentNews
Why alternative investments have a place in your clients' portfolios.
Qualified Settlement Funds, Who? Legal Examiner
A qualified settlement fund (QSF) is an escrow account that offers benefits to the plaintiff, the defendant, AND the attorney.
The Beginnings of Structured Settlements ClaimsJournal.com
Currently an estimated $5 billion industry, structured settlements were once considered too risky because tax implications for insurers and claimants.
DRB Establishes $100000 "Bounty" for Whistleblowers with Information About Illegal Conduct in the Structured Settlement Factoring Market - PR Newswire
DRB Establishes $100000 "Bounty" for Whistleblowers with Information About Illegal Conduct in the Structured Settlement Factoring Market PR Newswire
DELRAY BEACH, Fla., Aug. 8, 2018 /PRNewswire/ -- DRB Capital, LLC ("DRB Capital") has established a private whistleblower fund to reward individuals who ...
Morning Notes: Lawsuit Filed Against Chevy Chase Company That Targeted Victims of Lead Poisoning Â» Bethesda Beat - BethesdaMagazine.com
Morning Notes: Lawsuit Filed Against Chevy Chase Company That Targeted Victims of Lead Poisoning Â» Bethesda Beat BethesdaMagazine.com
Lawsuit filed against Chevy Chase company that targeted victims of lead poisoning. A Chevy Chase company that made millions of dollars from victims of lead ...
Verdicts Twist Road Ahead in Monsanto Cancer Litigation Courthouse News Service
(CN) â San Francisco federal judge Vince Chhabria's decision to split up the pivotal bellwether trials over an alleged link between Monsanto's herbicide ...
AG's lawsuit: Firm targeted lead paint poisoning victims in Baltimore to make profit - WBAL TV Baltimore
AG's lawsuit: Firm targeted lead paint poisoning victims in Baltimore to make profit WBAL TV Baltimore
New court filings reveal how a Montgomery County firm targeted lead paint poisoning victims in Baltimore to make a profit. The filings are part of an ongoing ...
How companies make millions off lead-poisoned, poor blacks Washington Post
BALTIMORE â The letter arrived in April, a mishmash of strange numbers and words. This at first did not alarm Rose. Most letters are that way for her ...
Maryland attorney general urges structured settlement reforms Baltimore Sun
Maryland's attorney general urged lawmakers on Thursday to give his office the ability to regulate deals offered by businesses that buy legal settlements at steep ...
Washington Healthcare Update May 2019 #3 | McGuireWoods Consulting JD Supra
This week in Washington: House to hold hearings on surprise medical billing, drug pricing transparency and a single-payer health system.
How to Invest in Structured Settlements Nasdaq
Structured settlements are usually associated with compensation to injured plaintiffs following a legal hearing. They are more than just a mere.
Structured Settlements, Annuities & Special Needs Trusts Legal Examiner
Personal injury lawsuits involving minor or moderate injuries are often settled with lump sum payments, in which the entire settlement amount is simply paid to ...
Comparing of Asta Funding Inc. (ASFI) and Quad/Graphics Inc. (NYSE:QUAD) CryptoCoinsTribune
Asta Funding Inc. (NASDAQ:ASFI) and Quad/Graphics Inc. (NYSE:QUAD) are two firms in the Business Services that compete against each other. Below is a.
What Purdue Pharmaâs settlement with Oklahoma means for the opioid crisis PBS NewsHour
Drug giant Purdue Pharmaceuticals has agreed to pay $270 million to settle a lawsuit with the state of Oklahoma, which sued the opioid manufacturer, among ...
Analyzing Brighthouse Financial (BHF) and AVIVA PLC/ADR (OTCMKTS:AVVIY) Rockland Register
Brighthouse Financial (NASDAQ:BHF) and AVIVA PLC/ADR (OTCMKTS:AVVIY) are both finance companies, but which is the better business? We will compare ...
Steinhoff Paints Gloomy Outlook as 2017 Losses Shrink Assets Bloomberg
Steinhoff International Holdings NV expects more doom and gloom to follow the release of its long-awaited 2017 earnings, in which the retailer saw the value of ...
SenecaOne Launches Newly Redesigned Website to Provide Annuitants with the Easiest Way to Get Financing - Markets Insider
SenecaOne Launches Newly Redesigned Website to Provide Annuitants with the Easiest Way to Get Financing Markets Insider
BETHESDA, Md., Jan. 16, 2019 /PRNewswire-PRWeb/ -- SenecaOne, the only licensed lender in the country that caters specifically to structured settlement and ...
Congress' duty to investigate structured settlement fraud The Hill
Congress' good intention with these structured settlements has devolved into a system of deception and financial swindling.
J.G. Wentworth's next ABS features less exposure to annuities Asset Securitization Report
JG Wentworth's second securitization of the year has more exposure to court ordered structured settlement and less exposure to annuity payments than its other ...
Brighthouse Financial (BHF) and Sun Life Financial (NYSE:SLF) Head-To-Head Review - Mayfield Recorder
Brighthouse Financial (BHF) and Sun Life Financial (NYSE:SLF) Head-To-Head Review Mayfield Recorder
Sun Life Financial (NYSE:SLF) and Brighthouse Financial (NASDAQ:BHF) are both finance companies, but which is the better investment? We will contrast the ...
Bonding Requirement Added for Maryland Structured Settlement Companies Insurance Journal
A new bonding requirement for structured settlement factoring companies in Maryland took effect on October 1. The bonding requirement was introduced with.
Washington, DC, Adds Auto Renewal Law Manatt, Phelps & Phillips, LLP
D.C. joined the growing number of states regulating auto-renewal contracts when Mayor Muriel Bowser signed the new law into effect this month.
This structured settlement ABS comes with unusual risk: mortality Asset Securitization Report
The collateral for the $59.9 million transaction from DRB Capital includes life-contingent structured settlement receivables; when the beneficiary dies, the insurer ...
Think Twice Before Selling a Settlement NerdWallet
If you're getting regular payments from an annuity or other structured agreement, "factors" may offer to buy it. Think twice before selling a settlement.
Qualified Settlement Funds Are a Useful Settlement Planning Tool (And Not Just for Plaintiffs) - Legal Examiner
Qualified Settlement Funds Are a Useful Settlement Planning Tool (And Not Just for Plaintiffs) Legal Examiner
The use of qualified settlement funds (QSFs) is mainstream practice across mass tort settlements, but it is still an emerging practice in single event and individual ...
Outlook for life settlements in 2019 Financier Worldwide
March 2019 | TALKINGPOINT | FINANCE & INVESTMENT. Financier Worldwide Magazine. May 2017 Issue. March 2019 Issue ...
Judge denies payout in PSU victim's case | National and World Daily Local News
WEST CHESTER >> A request to transfer the assets of a multi-million-dollar structured personal injury settlement held by a victim in the Penn State sexual abuse ...
Asta Funding, Inc. (ASFI) Reaches $6.60 52-Week High; Vista Gold Has 0.56 Sentiment - CryptoCoinsTribune
Asta Funding, Inc. (ASFI) Reaches $6.60 52-Week High; Vista Gold Has 0.56 Sentiment CryptoCoinsTribune
The stock of Asta Funding, Inc. (NASDAQ:ASFI) hit a new 52-week high and has $7.19 target or 9.00% above today's $6.60 share price. The 8 months bullish ...
Benefits of Using Structured Settlements in Claims Negotiations ClaimsJournal.com
At zero expense to the carrier, tax-free, and tailored to fit the needs of the claimant, structured settlements are a powerful tool claims personnel can.
Pros And Cons Of Structured Settlement Annuities Law360
A structured settlement annuity that pays at a predefined periodic frequency is often employed in resolving personal injury cases and has received wide support ...
The flawed system that allows companies to make millions off the injured Washington Post
Firms make tens of millions off some of the state's most vulnerable residents who at times exchange lifetimes' worth of income for pennies on the dollar.
AIG accused of racketeering in structured settlement business Reuters
Insurance giant American International Group has been hit with a racketeering lawsuit accusing it of unlawfully charging successful personal injury and workers' ...
Qualified Settlement Fund Legal Examiner
Qualified Settlement Funds are a great planning tool for the end of litigation.
4 Common Tax Questions on Structured Settlements Accountingweb.com
Tax questions are plentiful especially at this time of year. But there are some questions that come up less often than others, especially for the standard ta.
Some structured settlements may offer significant advantages CBS News
Structured settlements don't seem to be a good deal for investors, but their non-securitized counterparts might be.
When a Qualified Settlement Fund is the Solution You Need Legal Examiner
A qualified settlement fund (QSF) is a fund, account, or trust that holds settlement proceeds. A QSF is a settlement escrow that allows for proper settlement ...
Insurer Great-West Lifeco seeks to sell $2 billion worth of contracts: sources Reuters
Great-West Lifeco Inc , Canada's second-biggest insurance company, is exploring the sale of a collection of insurance contracts that could fetch as much as $2 ...
Undisclosed, lavish trips are creeping into the injury settlement business Yahoo Finance
Pacific Life has been offering brokers structured settlement industry trips, which are not disclosed to clients. This is a potential conflict of interest.
Trump Tax Law Hurts Personal Injury Suit Settlements Forbes Now
Trump's tax law adds taxes to some personal injury case proceeds, so be careful of the new rules.
Automatic Renewal Law Awaiting Mayor Approval in Washington DC Lexology
Washington D.C. is in the process of enacting the Structured Settlements and Automatic Renewal Protections Act of 2018 (the âActâ). In part, theâŠ
Lawsuit Alleges MetLife Mistake Helped a Woman Keep Settlement Money From Her Daughter - Wall Street Journal
Lawsuit Alleges MetLife Mistake Helped a Woman Keep Settlement Money From Her Daughter Wall Street Journal
A lawsuit related to medical malpractice is the latest example of an unexpected problem popping up at MetLife from decades-old business.
The Truth About Credit Card Debt Settlement U.S. News & World Report
When you're struggling with credit card debt, a debt settlement may not be your best option.
Structures to separate from Integrated Financial Settlements (IFS) PR Newswire
ATLANTA, Nov. 2, 2018 /PRNewswire/ -- Structures is separating from Integrated Financial Settlements, Inc. (IFS) to move forward as an independent company.
Symetra Completes Reinsurance Transaction with Resolution Re Business Wire
Symetra has entered into a reinsurance agreement with Resolution Re.
Attorney General's office and attorneys spar over settlement for lead paint victims Baltimore Sun
The Maryland Attorney General's office is seeking to block a settlement for lead paint victims who sold off their structured settlements for pennies on the dollar.
Asta Funding Inc. (ASFI) and Conduent Incorporated (NYSE:CNDT) Comparing side by side - The EN Herald
Asta Funding Inc. (ASFI) and Conduent Incorporated (NYSE:CNDT) Comparing side by side The EN Herald
This is therefore a contrasting of the risk, institutional ownership, analyst recommendations, profitability, dividends, earnings and valuation in Asta Funding Inc.
Reviewing Asta Funding Inc. (ASFI)'s and RR Donnelley & Sons Company (NYSE:RRD)'s results - The EN Herald
Reviewing Asta Funding Inc. (ASFI)'s and RR Donnelley & Sons Company (NYSE:RRD)'s results The EN Herald
As Business Services companies, Asta Funding Inc. (NASDAQ:ASFI) and R.R. Donnelley & Sons Company (NYSE:RRD) are our subject to contrast. And more ...
Deferring Income as a Trial Lawyer with Structured Attorney Fees Legal Examiner
Every day, we at Milestone Consulting have an opportunity to elaborate on the concept of deferred income or structured attorney fees with lawyers, professional ...
The Most Dangerous Place in Alameda County East Bay Express
Barbara Doss was preparing dinner on a Sunday evening when she got the call. Her son Dujuan Armstrong, who had been sentenced to jail for a 2014 ...
HHS moves to reduce HIPAA fines, lowering the cap more than $1M for some violations - FierceHealthcare
HHS moves to reduce HIPAA fines, lowering the cap more than $1M for some violations FierceHealthcare
HHS adjusted the maximum amount it will penalize healthcare providers, health plans and their business associates for HIPAA violations, lowering the annual ...
Pension Broker Settles with CFPB The National Law Review
CFPB has announced a settlement agreement with pension broker, Mr. Corbett, alleging for his alleged lump sum payment received for helping veterans set up ...
Workers' Comp Structured Settlements Beneficial in Medicare Set Asides ClaimsJournal.com
Structured settlements can be beneficial in resolving workers' compensation claims involving Medicare Set Asides (MSAs), according to industry experts.
What is a Non-Qualified Assignment? Legal Examiner
A non-qualified assignment (NQA) is an assignment of an obligation to pay money in the future â a structured plan â in cases that do not involve bodily injury.
Assured Guaranty Joins PREPA Restructuring Support Agreement Associated Press
Press release *content* from Business Wire. The AP news staff was not involved in its creation.
Corporate Compliance Programs: OFAC Gets into the Mix Lexology
Even though the Department of Justice is getting much of the headlines lately for releasing its "Guidance on Evaluation of Corporate Compliance Programs," the ...
Federal agency accuses settlement-purchasing company of violating Consumer Protection Act - The Washington Post
Federal agency accuses settlement-purchasing company of violating Consumer Protection Act The Washington Post
A controversial Chevy Chase company that reaped immense profits from deals with victims of lead paint poisoning in Baltimore has been accused of deceptive ...
Independent Insurance Group Announces Launch PR Newswire
DALLAS, April 30, 2018 /PRNewswire/ -- Company officials today announced the launch of the Independent family of companies including subsidiary affiliates ...
Rising Capital Associates Announces 'Structured Settlements' Scholarship PR Newswire
DELRAY BEACH, Fla., Dec. 1, 2016 /PRNewswire/ -- Rising Capital Associates, a leading structured settlement purchaser and annuity buyer, is giving a $1000...
Critical Analysis: Brighthouse Financial (BHF) versus Sun Life Financial (SLF) Mayfield Recorder
Brighthouse Financial (NASDAQ:BHF) and Sun Life Financial (NYSE:SLF) are both finance companies, but which is the better investment? We will contrast the ...
Structured settlements can last a lifetime - Buffalo Buffalo Business First
When a personal injury case settles or a verdict is reached, the resulting award to the plaintiff is tax-free. If placed into a structured settlement, which is similar to ...
In Ethiopia, a community leans on customs to save an antelope from extinction Mongabay.com
By 1992, the animal had been hunted almost to extinction in the Senkele Swayne's Hartebeest Sanctuary, one of the last places where it's found. Traditional ...
Hedge Fund's Route to 30% Fees: Cash Advances to Hip-Hop Artists Bloomberg
Stephen Marley comes from music royalty. Sean Garrett has written and produced smash hits for BeyoncĂ©, Usher and Ciara.
Law Firm Firm Accused of Faking Structured Settlement Approvals Insurance Journal
Stone Street Capital LLC sued a Manhattan law firm it retained to seek court approvals for structured settlements, claiming the firm gave them 76 fake.
Outlook for the life and structured settlements markets in 2016 Financier Worldwide
February 2016 | 10QUESTIONS | FINANCE & INVESTMENT. financierworldwide.com. FW speaks with Corwin Zass, the founder and principal of Actuarial Risk ...
Lead-poisoning settlement deals draw scrutiny, calls for reform Baltimore Sun
Maryland lawmakers are vowing to investigate and clamp down on companies that "buy" lawsuit settlements after learning that hundreds of Baltimore lead ...
Individual Voluntary Arrangements. IVA
What is an IVA?
Structured Settlements Offer Advantages over Lump-Sum Payments
A structured settlement, which offers injury victims cash payments through a long-term annuity as compensation for their damages and medical expenses, offer a number of possible advantages over payment in a lump sum. While the lump sum payment is the traditional way for responsible parties to pay accident claims, the structured settlement offers payments over the span of an agreed-upon period of time. This length of time may span from several years up to the remainder of the life of the injured party, depending on the severity of the accident, the amount of money involved, and the agreement reached between the two parties. Depending on the specific circumstances of the case, structured settlements can have numerous advantages over a lump-sum payment: They are tax free. Thanks to a 1982 change in the Federal tax code, payments on a structured settlement are free of state and Federal taxes. The paying party funds the settlement through the purchase of an annuity which earns the interest to fund the continued payments. This is not the case with a lump-sum payment, which the injured party must invest themselves. Any interest earned on those investments are taxable. They are potentially safer. Most people who come into a large sum of money suddenly find that they are quite popular with long-lost relatives, unscrupulous purveyors of investment schemes, and good, old-fashioned thieves. By receiving payments in substantially smaller amounts, the beneficiaries of a structured settlement have far fewer worries about having others take advantage of them, which could leave them both poor and without adequate medical care. They are simply less trouble. It's difficult enough to adjust to changes in your life if you are seriously injured without having to also take the new responsibility of investing and managing a large sum of money. Not only must you invest the money, but you must invest it wisely, knowing that it must continue to fund your living and/or health care expenses. The regular payments of a structured settlement, along with their tax-free status, simplify day to day living considerably.While they are not ideal for everyone, particularly those who are experienced investors or those who need a large sum of money at once for immediate medical expenses or the purchase of a home, structured settlements can offer a simpler, safer payment solution for many people who are victims of an accident or injury.
Investing in Structured Settlements
Often some derelict will be awarded some huge amount of money from a noble company due to a run away jury in a Kangaroo Court. Since many times the company paying the money out agrees on a structured over time settlement, the plaintiff of course is a lowly human and has lots of desires for riches and he has little if any cranial capacity to understand the enormous gift the courts have grated him as our nation turns in to a socialist quagmire of re-distributing wealth to those who do not deserve it. Yes a few have been damaged and do deserve something, but usually not. If you disagree with that, you are wrong and I am right.
What is a Structured Settlement
A Structured Settlement is an agreement between a personal injury victim ( a Plaintiff ) and an Insurance company ( the Defendant )to compensate the Plaintiff by the defendant with long term periodicpayments instead of a single cash lump sum.
A Structured Lawsuit Settlement Seemed Like a Good Idea at One Time
You are receiving payments spread out over months, years, even a lifetime. It's great when the money arrives but the payments are often too small or too spread out to really satisfy your needs. Careful research could yield more of your cash faster. There are some half dozen financial institutions with the knowledge and resources to effectively advance your future lawsuit payments.While the rewards are obvious, the risks are not so easily understood. Once you identify an annuity buyout funding source, consult your attorney for an explanation of the legal requirements.
What is Structured Settlement?
Because it is tailor-made for individual cases, the structure may also include some immediate payment to cover special damages. The payment is usually made through purchase of an annuity from a Life Insurance Company. Subcontractor A trade contractor such as a roofer who usually subcontracts with a general contractor. Subrogation Once a company has paid a loss for which someone other than the policyholder is responsible, it may have the right to recover this loss.
Keeping the Lawsuit End in Mind
2 key points to stay focused on, as you are settling your lawsuit; a quick and fair settlement and consideration for current and future needs. The process of settling a lawsuit can be a tedious and mysterious event. Relying on your busy attorney to keep you informed can be an exercise in frustration. The entire process can seem as slow as molasses. Compounding the pain could be the financial and emotional difficulties caused by the source of the lawsuit itself.
Me'Lisa Delaney, 43, is brain-injured as a result of a 1984 medical error that caused a stroke during surgery. The hospital agreed to settle via a structured settlement, as overseen by a county conservatorship.
Structured Settlements ? Should You Sell Yours?
In recent years, it has become more common for victims of accidental injury who accept a settlement from the at-fault party to accept a structured settlement instead of a lump-sum payment. With a structured settlement, the injured party receives payments over an agreed-upon length of time ? five years, ten years, or even a lifetime, rather than receiving payment up front in a lump sum.There are advantages to this for both parties. The injured party may require constant medical care, and the regular payments of a structured settlement guarantee that income will be available to cover the medical expenses. For the paying party, the settlement can be paid by purchasing an annuity, which allows an upfront payment to accrue interest, thereby producing a larger long-term yield from a minimal investment. In many cases, a structured settlement is viewed as a win-win situation for both parties.There are restrictions on structured settlements that may not suit everyone. Once you agree to accept a structured settlement, you cannot trade it back in for a lump sum payment, nor may you use it for collateral for a loan. What if you want to buy a home and pay cash? What if some other unexpected expense comes up and you simply do not have the cash available? Under certain circumstances, you may be able to sell your structured settlement to a third party.There are companies that are interested in purchasing structured settlements for investment purposes. Perhaps one or more of these companies has already contacted you. They will agree to pay you a lump sum, in cash, in exchange for you signing over your future annuity payments to them. Be aware that any party that offers to buy your annuity is interested in doing so for investment purposes. They wish to make money on the transaction, and for them, that profit will be spread over the long time that it takes to receive all of the payments that constitute the settlement. Once you combine the factors of time, interest, inflation, and the buying party's profit, you will find that the offer made to you will seem quite small. The amount you receive will be an amount equal to the present day value of the settlement, minus whatever sum the investors require for their profit on the transaction.You should also know that some states prohibit the sale of structured settlements, that some insurance companies who handle the annuities prohibit sales to a third party, and that you will probably need to go to court to arrange the sale. In addition, there may be tax considerations involved in the sale, and the taxes due on large sums of money are not insignificant. If you are interested in selling your structured settlement, you will definitely want to discuss the sale with an attorney and a tax advisor beforehand.While structured settlements are designed to benefit those who receive them, there are times when it may be desirable or necessary to sell them. If you are considering selling your settlement, make sure that you weigh all of your options carefully. Once you agree to sell, you cannot get it back.
Options for Lawsuit Settlement Winners Receiving Periodic Payments
On January 22,2002, President George W. Bush signed into law a bill that protects individuals who must sell their structured settlement payments to meet unplanned financial needs. H.R.2884Victims of Terrorism Tax Relief Act of 2001 (Signed by the President January 22,2002))
Annuity Transfer - What Are the Risks
Many people who know in the back of their minds that they got the possibility to transform a monthly payment or annuity long term payments into a big lump sum and by that to relieve some temporarily financial problems, or need to buy a new car or a house or help their children and so forth are tempted to exercise this process into action. Although it is a very natural feeling and sometimes even a real life need or deep inner quest for power and control, it is not in their best financial interest to say the least.
When Should You Not Cash Out Your Annuity?
You should not cash out your annuity when it's not in your best interest. Here are 3 reasons it might not be in your best interest; it's too soon, you don't have a good enough reason, it will cost you too much. Every day someone cashes out their annuity or settlement when it might not have been in their best interest. It's an easy mistake to make when the call of money and burden of financial stress is weighing heavily on you. But read carefully and maybe you can avoid digging the hole deeper.
If This Describes You, Dont Cash out Your Annuity
There are companies that purchase future payments. Personal injury settlements are often structured to pay out over time. As are a portion of lottery wins, paid via an annuity over a period of 20 or more years. There are companies, under the authority of state and federal regulations, that will accelerate future payments and pay out a lump sum of cash now.
Making Backwards Choices
I was reading this past week about a woman who lost 170 lbs in 9 months by eating backwards. She had breakfast for dinner and dinner for breakfast. She lost the weight without leaning on a typical diet plan. Her result, losing 170lbs, has lasted ten years. It's not so much the weight loss that caught my attention, but the fact that she took responsibility for change in her life.
The Target Capital Structure
Firms can choose whatever mix of debt and equity they desire to finance their assets, subject to the willingness of investors to provide such funds. And, as we shall see, there exist many different mixes of debt and equity, or capital structures - in some firms, such as Chrysler Corporation, debt accounts for more than 70 percent of the financing, while other firms, such as Microsoft, have little or no debt.
How To Form a UK Limited Company
When starting a business, a large number of people go down the route of forming a limited company or, to give it its full title, a limited liability company.
A Revolutionary Fundraising Opportunity -- Life Settlements
Amid fundraisers' growing concerns about the current charitable giving climate, dampened by the erratic stock market and shaky economy, a new fundraising opportunity has emerged ? Life Settlements.
The Cost of Not Having Money
The self-esteem factor of not having enough money is underestimated. You know what I mean don't you? The agony of financially struggling and the ecstasy of financial abundance are dramatically different moments in a person's life. And I for one would choose the abundance over the struggling any day.
Have you ever looked around and wondered how everyone is buying houses? Are they really doing that much better than you are? Maybe. Maybe not. Some people have gone deep into debt to purchase a home and are teetering on the brink of financial free fall. Others used creative unconventional financing to afford a home. There may be not-yet discovered risks and consequences to this type of home financing. But there is a fairly substantial group of people who were able to buy a house because they were the recipients of some unexpected or untraditional cash windfall.
Structured Settlement ? Guaranteed Income for those with Disabilities
Up until twenty years ago, anyone who won a lawsuit as a result of a claim involving worker's compensation, wrongful death or accident had to accept a lump sum payment as their compensation. The payment would be intended to be invested, with the beneficiary living off of the proceeds for as long as their recovery was expected to take. In many cases, this type of settlement works fine, but in other cases, the results are a disaster.It is difficult enough for someone who has been through the trauma of an accident or illness to have to adjust to a new lifestyle without having to also become an expert in the art of financial investing. If you have been active all of your life and you suddenly find yourself in a wheelchair and having to handle assets of several hundred thousand dollars or more, you could be overwhelmed. You could hire someone to handle the investments for you as well as the tax issues, but what if the person you hired wasn't trustworthy? What if you hired a greedy relative who took all of the money? What if you hired someone incompetent? These problems, and statistics that show that people who receive large sums as compensation for accident, injury, or wrongful death often spend all of their money in a short period of time, led to Congressional action in 1982 that amended the Federal tax code to allow for structured settlements. A structured settlement is simply an agreement between the responsible party and the injured party that the payments will be made over time, rather than in a lump sum. The two parties reach an agreement, the party responsible for payment purchases an annuity, usually through an insurance company, and the injured party will receive steady income over a period of years or even a lifetime.The payments are adjusted for inflation; the sum of all of the payments will be greater than if the amount had been paid as a lump sum. Because the payments are purchased up front as an annuity, the paying party actually pays less than the sum of the payments, as well. The result is generally a win-win situation, with the injured party receiving a steady stream of income over as long a period of time as necessary, while the paying party does not have to worry about making monthly or annual payments. While a structured settlement is not the ideal payment arrangement in all situations where a long term injury settlement occurs, it does work well in many cases where a lump sum payout might be undesirable.
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