|Structured Settlements Information|
Structured Settlements Information
They sought ‚Äėlead paint virgins‚Äô and bought their settlements. It will be hard for those victims to get their money back. - Washington Post
They sought ‚Äėlead paint virgins‚Äô 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 ‚Äúentire generation of youth coming of age in ...
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 ...
Morning Notes: Lawsuit Filed Against Chevy Chase Company That Targeted Victims of Lead Poisoning - BethesdaMagazine.com
Morning Notes: Lawsuit Filed Against Chevy Chase Company That Targeted Victims of Lead Poisoning 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 ...
Structured Settlements: A Guest Post on Advocate Capital Legal Examiner
Thank you to Advocate Capital for publishing our guest post titled, "Guaranteed Future Income with Attorney Fee Deferment." Here is an excerpt from the post.
Part Two: The JurisPrudent Deferral Program and Controlling Attorneys' Timing of Income - Legal Talk Network
Part Two: The JurisPrudent Deferral Program and Controlling Attorneys' Timing of Income Legal Talk Network
Phillip Krause discusses how plaintiff attorneys can achieve better control over the timing of their income.
DRB Establishes $100000 ‚ÄúBounty‚ÄĚ for Whistleblowers with Information About Illegal Conduct in the Structured Settlement Factoring Market - PR.com
DRB Establishes $100000 ‚ÄúBounty‚ÄĚ for Whistleblowers with Information About Illegal Conduct in the Structured Settlement Factoring Market PR.com
Delray Beach, FL, January 19, 2019 --(PR.com)-- DRB Capital, LLC (‚ÄúDRB Capital‚ÄĚ) has established a private whistleblower fund to reward individuals who ...
SenecaOne Launches Newly Redesigned Website to Provide Annuitants with the Easiest Way to Get Financing - PR Web
SenecaOne Launches Newly Redesigned Website to Provide Annuitants with the Easiest Way to Get Financing PR Web
Bethesda, Maryland (PRWEB) January 16, 2019 -- SenecaOne, the only licensed lender in the country that caters specifically to structured settlement and.
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 ...
Tower MSA Partners Launches Quarterly Webinar Series Insurance News Net
Tower MSA Partners is launching a free, quarterly webinar series to help payers become more proficient in settling workers' compensation claims, Medicare ...
Comparison of Asta Funding Inc. (ASFI) and Global Payments Inc. (NYSE:GPN). EN Digest
As Business Services companies, Asta Funding Inc. (NASDAQ:ASFI) and Global Payments Inc. (NYSE:GPN) are our subject to contrast. And more specifically ...
Alternative Investing With Self-Directed IRAs Forbes
There is a whole investing universe that extends beyond basic long positions in equity or fixed income investments. While stocks and bonds provide a solid ...
Managing Finances: Where to Start for a Brain Injured Loved One Legal Examiner
Originally published in Living Safer magazine. Tragedy can upend a family in many ways. For those dealing with brain injuries, for example, each comes wi.
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.
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.
Tax Benefits Of Structured Settlements In Employment Cases Law360
With employment cases on the rise and many statutory provisions favoring plaintiffs, there are settlement-related tax implications that plaintiffs attorneys should ...
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 ...
Asta Funding Inc (NASDAQ:ASFI) Stock Price While Sentiment Dive MoneyMakingArticles
Asta Funding Inc (NASDAQ:ASFI) institutional sentiment decreased to 0.5 in Q3 2018. Its down -0.13, from 0.63 in 2018Q2. The ratio has dropped, as 3 ...
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 ...
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?
Judge calls $10000 proposed payment from JG Wentworth unfair Westfair Online
Dutchess Supreme Court Justice James D. Pagones has denied a request by J.G. Wentworth Co. to buy a Poughkeepsie accident victim's $478591 annuity 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 ...
The Difference Between an Annuity and Structured Settlement Huffington Post
The annuity and the structured settlement are two legal mechanisms used to pay out money to a person. There's a big difference between the two, though. Y...
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.
Stopping Structured Settlement Predators for Good This Time Huffington Post
No matter how much you want to protect the privacy of someone receiving a structured settlement, someone else with a fancy computer or data mining progra...
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.
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 ...
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.
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 ...
What's A "Structured Settlement"? Forbes
Like so much else in the world, structured settlements are mostly about taxes.
Virginia's weak laws allow structured settlements for pennies on the dollar Washington Post
The commonwealth allows unscrupulous deals for victims' structured-settlement payments.
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 ...
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 ...
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.
How companies make millions off lead-poisoned, poor blacks Washington Post
BALTIMORE ‚ÄĒ 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 ...
Symetra Completes Reinsurance Transaction with Resolution Re Business Wire
Symetra has entered into a reinsurance agreement with Resolution Re.
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 ...
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 ...
Best Structured Settlement Companies for 2018 ConsumerAffairs
Compare the best structured settlement using expert ratings and consumer reviews in the official ConsumerAffairs buyers guide.
Sentiment Change Report: Asta Funding Inc (NASDAQ:ASFI) at 0.5 K Reviewer
In Q3 2018 Asta Funding Inc (NASDAQ:ASFI) big money sentiment decreased to 0.5, according to SEC filings. So its down -0.13, from 2018Q2's 0.63.
Integrated Financial Settlements, Inc. (IFS) Announces Robert Lee as new Chief Executive Officer at IFS - PR Newswire
Integrated Financial Settlements, Inc. (IFS) Announces Robert Lee as new Chief Executive Officer at IFS PR Newswire
ATLANTA and DENVER, April 2, 2018 /PRNewswire/ -- Since the creation of Integrated Financial Settlements over a decade ago, the shareholders of IFS have ...
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 ...
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.
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 ...
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 ...
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.
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.
Insurer Great-West Lifeco seeks to sell $2 billion worth of... 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 ...
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.
Outlook for the life and structured settlements markets in 2016 Financier Worldwide
Financier Worldwide is a leading, widely respected information source covering corporate finance and board-level business issues.
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.
Beyond UNISPACE: It's time for the Moon Treaty (page 1) The Space Review
In 1968, the United Nations convened UNISPACE, the United Nations Conference on the Exploration and Peaceful Uses of Outer Space. It was the first of a ...
What is a Non-Qualified Assignment? Legal Examiner
You have likely heard the term ‚Äústructured settlement,‚ÄĚ which refers to a system in which a plaintiff receives payments from his or her settlement over time rather ...
Bill to reform structured-settlement industry advances in Virginia House Washington Post
RICHMOND ‚ÄĒ A Virginia House of Delegates committee on Tuesday advanced a bill intended to reform an industry that critics say has made millions of dollars ...
Independent Assignment Company Announces Strategic Contract with ALM Media PR Newswire
DALLAS, May 15, 2018 /PRNewswire/ -- Company officials today announced that Independent Assignment Company (IAC) will contract with ALM Media to help ...
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 ...
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.
JG Wentworth markets $140.5M structured settlement ABS Asset Securitization Report
J.G. Wentworth is sponsoring its second securitization of the year in a $140.5 million bond sale backed by receivables from term structured-settlement ...
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.
DRB Capital Files Motion to Include Principal, Kobi Ribak PR Newswire
DELRAY BEACH, Fla., July 18, 2018 /PRNewswire/ -- DRB Capital, LLC ("DRB Capital") has filed a motion with the Circuit Courts of Broward County, Florida to ...
Resolution Re reinsures $5.7bn of Symetra Life annuity liabilities Reinsurance News
Resolution Re has entered into a reinsurance agreement with Symetra Life Insurance Company to transfer financial responsibility for all of Symetra's.
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...
The Truth About Credit Card Debt Settlement U.S. News & World Report
When faced with the possibility of getting no repayment from you at all, your credit card company may be willing to negotiate with you for less than the full amount ...
Geoffrey P. Kissel Installed as the New President at NSSTA PR.com
The National Structured Trade Association announces New President, Geoffrey P. Kissel and New President-Elect Michelle Caine. Two new Board Members, ...
Lottery decision ‚ÄĒ lump sum or 30 years of payouts? Marketplace APM
When you inevitably win the Mega Millions jackpot lottery (just kidding, the odds are 1-302,575,350), you're going to have a lot of decisions to make: which ...
No More Tax Deductions for Bad Actions CFO Magazine
The new tax law disallows previously available tax deductions for settling government agency enforcements and sexual harassment claims.
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.
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 ...
BSP, IMF host 1st reg'l dialogue on financial stability ptvnews.ph
BSP PR/PNA. MANILA ‚ÄĒ The Bangko Sentral ng Pilipinas (BSP) and the International Monetary Fund (IMF) are co-hosting the Inaugural Regional Dialogue on ...
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 ...
Structured settlements can last a lifetime - Buffalo Business First 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 ...
AM Best Downgrades Credit Ratings of ERAC Group Members Associated Press
OLDWICK, N.J.--(BUSINESS WIRE)--Nov 7, 2018--A.M. Best has downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good) and the ...
199A 20% Deduction for Attorneys? Attorney Fee Structure Legal Examiner
Under the recent Tax Cut and Jobs Act, a gem of a deduction exists for passthrough entities, which most law firms are. Most of our clients are plaintiff contingency ...
J.G. Wentworth names new CEO, plots expansion of mortgage business HousingWire
Back in 2015, The J.G. Wentworth Company, the purchaser of structured settlement payments, annuity payments, lottery payments and other receivables that ...
Ryan Jandreau Joins Arcadia as Vice President of Business Development PR Newswire
DENVER, May 2, 2018 /PRNewswire/ -- Arcadia Settlements Group announced today that Ryan Jandreau will join the company as Vice President of Business ...
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 ...
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.
Exclusive: GE seeking to shed troubled insurance business - sources Reuters
(Reuters) - General Electric Co (GE.N) is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges ...
Debt machine: are risks piling up in leveraged loans? Financial Times
Regulators fear looser lending standards for low-rated companies could precipitate the next downturn.
How structured settlement buyout offers work CreditCards.com
Structured settlement buyout firms let you get cash quickly in exchange for giving up a stream of payments you got from a lawsuit settlement or accident claim.
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' ...
Integrated Financial Settlements, Inc. (IFS) Launches New Company: Structures PR Newswire
ATLANTA, Sept. 28, 2017 /PRNewswire/ -- Integrated Financial Settlements, Inc. (IFS) is proud to announce the launch of Structures, a new company in the ...
Moody's assigns definitive ratings to J.G. Wentworth structured settlement securitization - Moodys.com
Moody's assigns definitive ratings to J.G. Wentworth structured settlement securitization Moodys.com
New York, December 19, 2017 -- Moody's Investors *Service* ("Moody's") has assigned definitive ratings to two classes of notes issued by J.G. Wentworth XL LLC ...
When Judgments on Sexual Harassment Become Taxable Accountingweb.com
EA Craig Smalley discusses whether income from a legal award is taxable. It depends, he says.
Guardianship vs Settlement Trust: Which is the better solution? Legal Examiner
When a person is injured, they can suffer any number of life-changing medical complications. In some cases, they may be rendered incapacitated. Legally, this ...
New Appeals Clarify Interplay Between Collateral Benefits and Damages Awards in MVA Claims - Lexology
New Appeals Clarify Interplay Between Collateral Benefits and Damages Awards in MVA Claims Lexology
On December 4, 2018, the Ontario Court of Appeal released its reasons for decision in the companion appeals Carroll v. McEwen (Carroll) and Cadieux v‚Ä¶
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.
Two years later, $2.5M awaits kids sickened by Reno's worst-ever E. coli outbreak - Reno Gazette Journal
Two years later, $2.5M awaits kids sickened by Reno's worst-ever E. coli outbreak Reno Gazette Journal
More than two years after they got sick from eating E. coli-tainted chocolate mousse cake at two Reno restaurants, six children are now awaiting a Washoe judge ...
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 ...
Structured settlement company Future Income Payments behind suit against CFPB Legal News Line
WASHINGTON (Legal Newsline) ‚Äď A previously anonymous company that filed suit against the Consumer Financial Protection Bureau (CFPB) last year has now ...
Yanela Frias to lead Prudential's Structured Settlements business Business Wire
Yanela Frias has been named head of Prudential Retirement's Structured Settlements business. A financial services industry veteran, she has worked acr.
What 'Adult Entertainment,' Puerto Rico And Chapter 9 Bankruptcy Have In Common Forbes
If bondholders learn nothing else from the contentious litigation in the Puerto Rico Chapter 9 bankruptcy, the clear lesson is that good economics and an ...
EPS Settlements Group rebranded as Arcadia PR Newswire
DENVER, June 26, 2017 /PRNewswire/ -- EPS Settlements Group announced today the company's refreshed brand, including its new name ‚Äď Arcadia ‚Äď and ...
Pension Company Adds Leading Structured Settlement Brokers, Builds West Coast Operations - GlobeNewswire
Pension Company Adds Leading Structured Settlement Brokers, Builds West Coast Operations GlobeNewswire
KING OF PRUSSIA, Pa., June 3, 2015 (GLOBE NEWSWIRE) -- via PRWEB -
Moody's assigns provisional ratings to J.G. Wentworth structured settlement securitization - Moodys.com
Moody's assigns provisional ratings to J.G. Wentworth structured settlement securitization Moodys.com
On December 12, 2017, the press release was corrected as follows: due to an internal administrative error, the wrong version of the press release was initially ...
ExamWorks Clinical Solutions and Chronovo Announce iMSA; Structured Settlement Solution Improves Settlements for All Stakeholders - GlobeNewswire
ExamWorks Clinical Solutions and Chronovo Announce iMSA; Structured Settlement Solution Improves Settlements for All Stakeholders GlobeNewswire
LAWRENCEVILLE, Ga., Nov. 28, 2016 (GLOBE NEWSWIRE) -- ExamWorks Clinical Solutions (ECS) announced today an exclusive agreement with structured ...
Mastercard (MA) Shareholder Nottingham Advisors Has Lowered Its Stake by $489,288; Check Capital Management Has Cut Its Us Bancorp (USB) Position as Stock Value Declined - The Yomi Blog
Mastercard (MA) Shareholder Nottingham Advisors Has Lowered Its Stake by $489,288; Check Capital Management Has Cut Its Us Bancorp (USB) Position as Stock Value Declined The Yomi Blog
Nottingham Advisors Inc decreased its stake in Mastercard Incorporated (MA) by 7.12% based on its latest 2018Q3 regulatory filing with the SEC. Nottingham ...
NFP's Michael Goodman to Lead National Structured Settlement Association (NSSTA) Business Wire
NFP Structured Settlements, Inc.'s Co-President Michael Goodman has been named president-elect of the National Structured Settlement Trade Association.
Rick Naylon, 67, proprietor of Jimmy Mac's on Elmwood Avenue Buffalo News
Oct. 27, 1950 ‚Äď July 15, 2018 Rick Naylon created one of the most successful bars and restaurants on Elmwood Avenue ‚ÄĒ Jimmy Mac's. It attracted everyone ...
Custom Structured Settlements Ensuring Extra Asset Protection PR Web
James Smyth and Arthur Jensen, of Custom Structured Settlements, LLC, protect any legacy with secured debt investment, estate planning, and flight provisions.
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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