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By Patrick Farber

Articles and posts by Southern California Structured Settlement Broker Patrick C. Farber.

Clients Can Keep More Assets While Still Qualifying For Medi-Cal Benefits

During the past few weeks, I’ve received calls from attorneys and clients asking whether the Medi-Cal asset cap is still at $2,000. Thankfully, the cap has increased dramatically because of wording in California’s 2022 budget. As of July l, 2022, California increased the cap to $130,000 with an additional $65,000 per family member living in

By |2023-04-12T09:04:51-07:00April 12th, 2023|All, By Patrick Farber|0 Comments
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Medicare Set-Aside Funds No Longer Count Toward State Medi-Cal Eligibility and Asset Limits | Advocate Magazine

NEW LAWS EFFECTIVE JULY 1 PERMIT DISABLED PERSONS TO KEEP MORE ASSETS WHILE STILL QUALIFYING FOR MEDI-CAL BENEFITS California's 2022 budget includes wording that dramatically increases the amount of assets a disabled person can retain and still be eligible for Medi-Cal coverage. Previously, California (as with all other states), would cap a disabled individual's assets

By |2022-06-15T14:30:46-07:00June 15th, 2022|All, By Patrick Farber, Structured Settlement Alerts|1 Comment
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Settlement Solutions For Minors And Incapacitated Adults :: CAOC Forum Article

California judges are becoming much stricter when it comes to how settlement funds are held and distributed in cases involving minors and incapacitated adults. Will Lindahl, executive director at CPT Institute and myself had the opportunity to write about the issue in the November/December issue of CAOC's Forum magazine.The article talks about three trust options

By |2021-11-30T08:24:37-08:00November 30th, 2021|All, By Patrick Farber, Structured Settlement Alerts, Structured Settlements|0 Comments
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Structured Settlements In Today’s Uncertain Economic Times

Today's volatile economic environment raises questions by personal injury and workers' comp claimants considering whether to structure their settlement. Should they place their funds in a structured annuity? Or should they take the money in a lump sum and hope to do better in the investment markets? I had the opportunity to prepare an article

By |2023-09-22T13:26:26-07:00May 5th, 2021|All, By Patrick Farber, Structured Settlement Alerts, Structured Settlements|0 Comments
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Government Policy Changes & How They Affect Special Needs Trusts

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

By |2020-02-20T09:34:18-08:00February 19th, 2020|All, Articles, By Patrick Farber|0 Comments
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Structuring Attorney Fees (Orange County Attorney Journal, December 2019)

Your client just received a large jury award or settlement. Your client is satisfied with the outcome and you will be compensated for often years of hard work and out-of-pocket expenses. You can collect your fee as a lump sum, but there is another option: structuring the fee so payments are delayed or spread out

By |2019-12-13T13:21:29-08:00December 11th, 2019|All, Articles, Attorney Fee Structures, By Patrick Farber|0 Comments
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Structures: Safety & Security

When discussing structured settlement annuities with anyone, the question that often comes up is "Are they safe?" That's understandable. The last thing anyone wants to worry about is the long-term reliability and safety of their money.

By |2019-03-22T14:43:47-07:00March 21st, 2019|All, By Patrick Farber, Injured Parties, Structured Settlement Alerts, Structured Settlements|0 Comments
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The Role of Structured Settlement Advice Before, During and After Mediation

Bringing two parties to the mediation table in a personal injury case is often a substantial feat. It shows a willingness to negotiate and even to compromise on both sides. Much discussion and agreement needs to happen before reaching the “demands and offers” and eventual settlement phase. Knowing in advance how much an injured client

By |2018-09-07T08:41:39-07:00August 28th, 2018|All, By Alejandra Mendiola, By Patrick Farber, Featured Stories, Physical Injury, Workers' Comp|0 Comments
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Structuring Fees at Settlement Time | California Lawyer Article

When a case resolves, attorneys have a decision to make:what to do with the fees owed to them.Successfully negotiating a settlement or winning a case on behalf of an injured client is one of the most satisfying aspects of the legal profession. While savoring the victory, attorneys have a decision to make: what to do

By |2017-10-27T15:34:53-07:00October 27th, 2017|All, Articles, Attorney Fee Structures, By Patrick Farber, Structured Settlements|0 Comments
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Structuring Attorney’s Fees: A Financial Strategy

You’ve just won a big case for your client and you are anticipating a sizable fee for your good work. The question becomes: how do you best manage this income? If you are like most attorneys, the temptation is to add it to the firm’s bank account and think about what to do with it

By |2017-06-27T14:41:43-07:00June 27th, 2017|All, Articles, Attorney Fee Structures, By Patrick Farber|0 Comments
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