YouTubeTwitterFacebookRssEmail

Yearly Archives: 2016

Structuring Non-Personal Injury Settlements through Liberty Life

Liberty Life Assurance Company of Boston (Liberty Life), based in Boston MA, developed its program to begin working with BARCO Assignments, Ltd. (BARCO). BARCO is a Foreign Financial Institution domiciled in St. Michael, Barbados. This exclusive partnership was formed when it was recognized that there are claimants with damages seeking to utilize structured settlements in disputes involving damages other than personal injury and workmen’s compensation. BARCO is not subject to the U.S. tax code and, pursuant to the U.S./Barbados tax treaty, may accept consideration for the assignment of taxable settlements without facing U.S. tax liability.

By |2017-01-03T09:51:41-08:00November 16th, 2016|All, Articles, By Patrick Farber, Structured Settlement Alerts, Structured Settlements|0 Comments
Read More

Structuring a Catastrophic Injury Settlement

When someone suffers a minor physical injury and a settlement is reached, the settlement funds offer financial peace of mind until the injured individual can resume normal activities. When a catastrophic injury occurs – requiring medical and personal care – the settlement takes on a more vital role. Settlements must last a lifetime so that the injured individual receives medical treatment and can lead as normal a life as physically and emotionally possible. Each catastrophic-injury case is different, but there are similarities that are the basis for determining the type of structured settlement to create.

By |2016-10-13T16:01:41-07:00October 13th, 2016|All, By Patrick Farber, Injured Parties, Medical Malpractice Injury, Medicare Set-Asides, Personal Injury, Physical Injury, Sample Structures, Settlements And College Financial Aid, Structured Settlement Alerts, Structured Settlements, Tax-Deferred Structures|0 Comments
Read More

Another Suddenly Wealthy Athlete Goes Bust

Trent Richardson had it all in 2012—third overall pick of the Cleveland Browns and a $20.5 million guaranteed contract. In four short years, he’s out of the NFL and leading a “humbling” life when it comes to his finances. Like many former NFL players who were suddenly flush with cash at the start of their careers, he soon found that friends, family and hangers-on sucked him dry.

By |2016-10-13T09:40:51-07:00October 13th, 2016|All, Headlines, Injured Parties, Personal Injury, Structured Settlement Alerts, Structured Settlements|0 Comments
Read More

Structuring Non-Injury Settlements

When most people think of structured settlements, they think of physically injured individuals, limited or unable to work, who must make their settlement last for years or even a lifetime. While this is true with most structured settlements, there are scenarios where a structured settlement may make sense for non-physically injured individuals - and for the defense. Even when cases do not qualify for tax-exempt status, the tax-deferred and financial planning aspects of the settlements could still make them worthwhile.

By |2018-06-01T14:02:21-07:00October 6th, 2016|All, Articles, By Patrick Farber, Featured Stories, Injured Parties, Structured Settlement Alerts, Structured Settlements|0 Comments
Read More

The Public Benefit Payment Puzzle | Keeping Government Benefits Intact When Structuring a Settlement

Settling a case can be a cumbersome and time-consuming experience for all parties. When the complexities of needs-based public benefit programs such as Medicaid and Supplemental Security Income (SSI) are added to the structured settlement mix, attorneys must be vigilant to ensure that the settlements they craft comply with all applicable laws while protecting their client’s current and future benefit eligibility. In addition, this is further complicated by dual-eligible clients with Medicaid and Medicare.

By |2016-10-04T14:44:52-07:00October 4th, 2016|All, Articles, By Alejandra Mendiola, Medicare Set-Asides, Structured Settlement Alerts, Structured Settlements, Workers' Comp|0 Comments
Read More

Deciphering Special Needs Trust Eligibility Rules

Will Lindahl, Executive Director of CPT Special Needs Trusts, provides some clarification on Individual Special Needs Trusts and Pooled Special Needs Trusts. It’s a complex subject and this just scratches the surface, but I thought it might be helpful

By |2016-09-08T08:37:16-07:00September 7th, 2016|All, Structured Settlement Alerts|0 Comments
Read More

Structured Settlements and Client Retirement Planning

Let’s face it, most Americans are woefully behind in saving for retirement. And it’s not just Millennials who have little money left over to add to their 401(k)s (with loan debt, high housing costs and low wages being the culprits). Baby Boomers and seniors, those who should already have a sizable nest egg, are coming up short.

By |2016-08-09T17:17:00-07:00August 5th, 2016|All, Structured Settlement Alerts, Structured Settlements, Tax-Deferred Structures|0 Comments
Read More

Advantages of Structured Settlements for Injured Minors

When a child is injured, parents have much to think about. High on the list is the child’s financial needs during the initial recovery period and beyond for medical, rehabilitation and other experiences. If there is compensation for the injury, judges often require that the settlement be structured so the best interests of the minor

By |2017-05-23T05:56:23-07:00July 7th, 2016|All, Injured Parties, Personal Injury, Physical Injury, Settlements And College Financial Aid, Structured Settlement Alerts, Structured Settlements, Tax-Deferred Structures|0 Comments
Read More

New Video By Pacific Life Provides Quick Explanation of Attorney Fee Structures

The video also provides a quick overview of Index-Linked Annuity Payment Adjustment Riders (ILAPAs). These riders increase scheduled annuity payments (up to an annual maximum of 5 percent) whenever the S&P 500 Index rises over a 12-month period. If the S&P 500 Index experiences a negative or zero return, there is no reduction in scheduled payment amounts. The video is under 3 minutes and well worth watching. Pacific Life also has a booklet on fee structuring that provides more detailed information.

By |2016-04-15T10:16:48-07:00April 13th, 2016|All|0 Comments
Read More

Injured on the Job | Assuring a Sound Settlement

Successfully negotiating a monetary settlement in an on-the-job injury, discrimination, harassment, retaliation, wage and hour or other employment-related claim is the responsibility of all parties — both defense and plaintiff. If the litigation involves a physical injury, the settlement must insure that the injured worker can pay for day-to-day living expenses until able to return to work — or, when life-changing damages occur — to enable injured parties and their families to have enough funds to last a lifetime.

By |2016-04-14T08:03:06-07:00March 24th, 2016|All, Articles, By Patrick Farber, Featured Stories, Injured Parties, Personal Injury, Physical Injury, Structured Settlement Alerts, Structured Settlements, Workers' Comp|0 Comments
Read More
Toggle Sliding Bar Area

Top Sliding Bar

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

Recent Tweets

Newsletter

Sign-up to get the latest news and update information. Don't worry, we won't send spam!

    This website uses cookies and third party services. Ok
    Go to Top