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Yearly Archives: 2009

Gov. Schwarzenegger Signs Senate Bill 510 – Will Provide Greater Protection to Structured Settlement Recipients

Instead of receiving lump sum payments for defendants after a usually life-altering injury, injured parties, under legal and financial counsel, often opt for structured settlements--where payments are spread over time through the purchase of insurance annuities. These annuities are designed to provide long-term financial security and stability to the injured or disabled party and their families. When payments are set up within a structured settlement, payments are tax-free for the life of the annuity. In addition, the settlement is designed so that the injured party or "well meaning" friends and relatives are not tempted to spend the settlement in a reckless manner. Studies show that up to 90 percent of lump sum payments are spent within five years or receipt.

By |2013-10-08T16:17:15-07:00October 13th, 2009|All, Featured Stories, Structured Settlements|0 Comments
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Structured Settlements Under $50,000: Better Than Lump Sum Payout? [Litigation Commentary & Review – October 2010]

When most people hear "structured settlement," they assume the dollar amount of the injury settlement is for hundreds of thousands of dollars or more. Surprisingly, that's not always true. Over the past 20 years, more than 50 percent of the structured settlements facilitated by Ringler Associates, the world's oldest and largest settlement annuity firm, were less than $50,000. Another approximately 17 percent were between $50,000 and $100,000. These figures are typical in most annuity firms.

By |2020-01-08T09:04:39-08:00October 1st, 2009|All, Articles, By Patrick Farber, Headlines, Injured Parties, Medical Malpractice Injury, Non-Qualified Injury, Physical Injury, Punitive Damages, Structured Settlements, Workers' Comp|0 Comments
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A Powerful Combination: Special Needs Trusts And Stuctured Settlements

For some individuals, their disability is the result of a catastrophic personal injury or from medical malpractice. SNTs are often used together with structured settlements resulting from legal actions taken when these types of injuries occur. When used in tandem, SNTs and structured settlements offer complimentary benefits that can enhance the quality of life for severely injured plaintiffs and their families.

By |2014-02-18T17:16:32-08:00August 15th, 2009|All, Articles, By Patrick Farber|0 Comments
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New Deadline Dates For Medicare Set-Aside Reporting

For the past six months, the government has been struggling to come up with new, stronger reporting procedures and deadlines designed to prevent Medicare from double-paying Medicare recipients who are already scheduled to receive payouts for their injuries or illnesses under workers’ comp, liability or no-fault insurance plans. It appears the procedures and deadlines are now in place.

By |2014-02-19T17:19:44-08:00June 9th, 2009|All, Articles, Featured Stories|0 Comments
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Structured Attorney Fees Can Reap Long-Term Benefits

Most attorneys are familiar with creating structured settlements for their fees whenever their personal injury clients agree to their own structured settlement. Many attorneys, however, are unaware that these same fee structures can be arranged on a stand-alone basis--even when the client chooses to accept a lump sum payment or in certain non-injury, contingency fee cases.

By |2013-10-08T16:46:19-07:00June 1st, 2009|All, Articles, Attorney Fee Structures, Structured Settlements|0 Comments
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Structured Settlements Offer Safe Haven In Uncertain Times

With all the negative news surrounding AIG, many attorneys may be wondering whether the structured settlement insurance annuities they arranged for an injured party or for themselves (to pay attorney fees) may be in fiscal danger. Fortunately, unlike other financial entities, insurance companies must adhere to some of the most rigorous regulations found in any industry.

By |2013-10-08T16:45:38-07:00May 1st, 2009|All, Articles, Structured Settlements|0 Comments
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