As we finally close the books on 2020, we can look back on a year filled with illness and economic crisis. Unfortunately, much of the same will be in the forecast for 2021. For those experiencing a personal injury during these uncertain times, financial security is a top priority. Structured Settlements In Today's Environment. One
Be sure to "stop by" our booth at CAOC's virtual Annual Convention, November 19-21. CAOC has created an alternative way for members and sponsors to interact with one another, hear great speakers and honor this year's award winners. Until we can meet in person, it's the next best thing. Once you've logged into the
For personal injury claimants, the future is already challenging. The pandemic adds another layer of worry. Structured settlements offer a unique means to bring certainty to an uncertain world. Claimants have the peace of mind of knowing that they will receive a steady, guaranteed, tax-free stream of income regardless of market or economic conditions now or in the future.
During the pandemic, CAALA is offering insightful and informative webinars to its members. The latest is CAALA Women in Law's Unscripted...Real and Inspiring Conversations With Women Trial Lawyers on July 15 at 4:00 p.m. The speaker is Maryann Gallagher who will talk about her journey from law school to winning CAALA’s Trial Lawyer of the
When it comes to money, we humans have a natural desire to take risks if it means a potential big payout. Unfortunately, too often, inexperience and emotions end up costing us everything.
Warren Buffett, chairman and CEO of Berkshire Hathaway, recently offered a strong endorsement of structured settlements. His comments were provided to the National Structured Settlements Trade Association (NSSTA). Buffett has been an ardent proponent of structured settlements for decades. He's grown Berkshire Hathaway into one of the largest structured settlement annuity providers in the marketplace.
From CNBC: "Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis, according to New York Federal Reserve data released Tuesday." (May 5, 2020)On Wednesday, the Treasury
Thank you to CAALA (particularly Kwedi Moore) for giving us the opportunity to be included in the CAALA online Remote Business Solutions directory. The directory contains links to companies that are able to provide vital resources to CAALA members during the COVID-19 shutdown.Years ago, I developed a contingency plan so my staff could continue to
Annuity Interest Rates. Life insurance companies aren't tied to any one interest rate when determining the rate of return for a structured settlement annuity. This rate flexibility was evident when we prepared structured settlements this week for two injured clients. While the 10-year Treasury rate is currently under 1 percent, the insurance company was able
Identifying clients on means-tested government benefits during the client intake interview allows counsel to take the necessary steps to preserve those government benefits by Patrick Farber | Cameron Lindahl | Advocate 2020 February | View the PDF Version here Recent government policy changes are affecting common means-tested benefits that can arise during the personal-injury settlement
