Have you ever wondered where the actual legal wording came from that enables injured parties to receive compounded tax-free income from a structured settlement? IRS Revenue Ruling 79-220 is your answer.
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.
The Orange County Trial Lawyers Association will honor five outstanding attorneys during its Top Gun Trial Lawyer of the Year Awards ceremony on November 23 at The Montage, Laguna Beach.
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.
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.
Obamacare: The unscrupulous are always looking for opportunities to prey on society’s most vulnerable. Keep the wolves at bay with all the facts.
Each year, The Civil Justice Program at Loyola Law School honor selected attorneys who embody the spirit of the civil justice system through their exceptional legal careers with a “Champions of Justice” award.
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.
The CAALA Conference in Las Vegas was once again a huge success. CAALA Executive Director Stuart Zanville mentioned that the conference saw record-breaking crowds. I had a chance to sit in on many of the sessions and the speakers were excellent.
I know all of you CAALA members are starting to head to Las Vegas for the annual convention. Be sure to stop by the Saturday night cocktail party to say hello.
