Can Class Action Attorney Fees Be Structured?
Legal fee structures are now viewed by the IRS as vanilla in character. The IRS may not have liked them, but the Service’s ardor has changed materially since the Childs decision.
Timing for Structured Settlement Discussions GalleryTiming for Structured Settlement Discussions
All, Featured Stories, Injured Parties, Medical Malpractice Injury, Non-Qualified Injury, Personal Injury, Physical Injury, Punitive Damages, Structured Settlement Alerts, Structured Settlements, Tax-Deferred Structures
Timing for Structured Settlement Discussions
Attorneys often ask me, "When is the best time to bring in a structured settlement broker to a case?" The short answer is early.
Workers’ Comp Cases and Structured Settlements
Using structured settlements in personal injury cases is common. Use a resolve in workers’ comp claims where an employee is permanently disabled- less so.
Red Flag Warning for “Refactored Annuities”
A new investment product is showing up at settlement conferences. Often referred as “refactored annuities” or “secondary market annuities,” these are made up of structured settlement payments that have been previously transferred by an injured party to a factoring company, and then either sold individually, or are pooled and sold as repackaged structures in the secondary market.
Attorney Tom Girardi and Settlement Broker Patrick Farber on Attorney Fee Structures GalleryAttorney Tom Girardi and Settlement Broker Patrick Farber on Attorney Fee Structures
All, Articles, Attorney Fee Structures, By Patrick Farber, Featured Stories, Injured Parties, Personal Injury, Physical Injury, Structured Settlement Alerts, Structured Settlements, Tax-Deferred Structures
Attorney Tom Girardi and Settlement Broker Patrick Farber on Attorney Fee Structures
The business model for a litigation law firm is often fraught with uncertainty — periods of big wins and big payouts as well as slow times with little or no income. One tool to even out cash flow, better manage the ups and downs of a litigation practice and prepare for an attorney’s future financial needs is structured attorney fees.
Divorces Up As Economy Recovers; Structures Offer Financial Security for Ex-Spouses
A recent article on BusinessWeek.com noted that the number of divorces rose for three straight years to 2.9 million in 2012—the highest since 2009. The U.S. Census Bureau statistics were the result, say experts, of an improving economy. During the recession, many couples simply couldn't afford to split, especially with their homes valued less than
Annuity Safety – An Inside Look
I am often asked about the safety of the annuity payments we use for structured settlements, particularly by those who need those payments over their lifetime. Judges are also interested in annuity safety especially before approving a Minor’s Compromise. Judges want to be confident that the insurance carrier issuing the annuity has the financial strength to provide scheduled payments over the life of a structured settlement—no matter how long that may be.
Sample Annuity Contracts & Insurance Company Guarantee Documents for Review
Reading and reviewing sample annuity documents can be helpful in understanding the annuity payment process so when the time comes to discuss annuity options the injured party is more confident with the decisions made.
Tom Girardi: Attorney on Structured Settlements Video
I’ve asked a number of prominent attorneys to go on camera to weigh in on the benefits of structuring a settlement. I’m grateful that so many agreed. Here is a YouTube link to comments by Tom Girardi.
One Client’s Story: How A Structured Settlement Helped Him Get Through His Family’s Nightmare GalleryOne Client’s Story: How A Structured Settlement Helped Him Get Through His Family’s Nightmare
All, Articles, By Patrick Farber, Featured Stories, Injured Parties, Personal Injury, Physical Injury, Sample Structures, Structured Settlement Alerts, Structured Settlements
One Client’s Story: How A Structured Settlement Helped Him Get Through His Family’s Nightmare
Sometimes, life throws us curveballs that we can never expect or prepare for. Such was the case for Russ, one of my clients. Russ’ wife was in a terrible auto accident in 1996 and it turned their world upside down. This is a story about how a structured settlement helped him get through his family’s nightmare.