Calling Early vs. Calling Late in the Case -It can Doom Your Best Intentions
I received a panic phone call the other day from a P.I. attorney that we have worked with for over 20 years. He was at mediation with his client and, as so often happens, the other side made an offer of settlement that included future (structured) payments.
This set off a mad rush [...]
Qualified Settlement Funds -A MECHANISM WHOSE TIME HAS COME.
View this informative article by Robert W. Wood, published in the Los Angeles Daily Journal, July 23, 2009. “Whatever you choose to call it, a Qualified Settlement Fund, called a QSF or a Section 468B trust, is a flexible distribution mechanism…[that] can make the settlement process smoother, more efficient and much more closely tailored [...]
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
Image via Wikipedia
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 [...]
Using HIPAA to Stop Abuse of Tort Victims During Settlement Negotiations
Recently a plaintiff attorney that we have worked closely with on multiple personal injury settlements had a case involving a situation where the defense abused the tort victims rights according to HIPAA.
In this video, I discuss this specific situation and give you specific ways that you can protect your client from abuse like this during [...]
Attorney and Guardian Ad Litem Successfully Sued for Legal Malpractice
Settlement Professionals Inc. Fast Facts 4, 2001
In Texas, an attorney and Guardian ad Litem were successfully sued for legal malpractice for failing to recommend a structured settlement for their client. The case giving rise to this legal malpractice claim was a 1984 medical negligence claim, whereinthe plaintiff, a minor, purportedly suffered injuries at birth due [...]
Top Ten Reasons Defense Dictates Your Structured Settlements!
Settlement Professionals Inc. Fast Facts 1, 2000 <== Click to download the PDF
Click the link above to find out the top 10 reasons the defense dictates your Structured Settlement… and exactly how that can end up costing you more in the end.
In essence, you are buying the shovels they are using to bury you!
—-
If you are a [...]
