May 16, 2008

Settlement Professionals Inc.

Archive for April, 2008

The “Pacheco Case” - Quick Case Study

This case in New Mexico brought to light one of the tactics used by the defense to try and control the direction and flow of the injury victim’s settlement dollars. In this case, a casualty company tried to force the personal injury claimant to take a Structured Settlement annuity from THEIR wholly owned life […]

New Defense Ploy to Control Injury Victim’s Settlement Dollars

What’s that old saying, “If it sounds too good to be true, it probably is to good to be true”?
Watch this short video and educate yourself on the latest defense tactic designed to get you to let down your guard when it comes to protecting your client and limiting your liability.
(press play to start the […]

Tax Issues for Sex-Abuse Settlements - What Attorneys Need to Know

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IRS Recognizes that the Observable Bodily Harm Requirement may be unfair as applied to Sex Abuse Cases
In 1996, the word “physical” was inserted into IRC 104(a)(2), which essentially mandated that for a settlement to be considered tax-exempt, and eligible for a tax-exempt structured settlement, it must have its origin in physical personal […]