Aviva/Athene Structured Settlement Class Action Lawsuit Wrap Up
In my role as Structured Settlement Watchdog I have devoted hundreds of hours of pro bono time to help consumers and to protect the good name of structured settlements.
View ArticleStructured Settlement Industry Production Soars Above $6B | 2018 Was Highest...
By all accounts, 2018 was the best production year for the structured settlement industry primary market for a decade. Here are the highlights.
View ArticleAviva/Athene Class Action Settlement | What Attorneys Should Know If Client...
Lead plaintiff John Griffiths and I got ahead of this,making the discovery in late 2014. The class action filed by Marcus & Auerbach in 2015 led to what can only be seen as a positive result for...
View ArticleWhat is A Structured Settlement Broker?
A structured settlement broker holds an active life insurance license in one or more states and carrier appointments, who provides professional advice and places structured settlement annuities and...
View ArticleCourt Denies JG Wentworth, Seneca One and VA Lawyer Stephen Heretick Motions...
Stephen Heretick allegedly took part in an ongoing scheme meant to induce annuitants to sell structured settlement payment streams on unfavorable terms, strip annuitants of rights to independent...
View ArticleWorkers Compensation Structured Settlements | Qualified Assignments On or...
Qualified assignments only became available for workers compensation cases filed AFTER August 5, 1997. An outstanding workers compensation liability can also be settled using a reinsurance solution if...
View ArticleStructuredsettlements.com Unreliable and Illiterate on Tax Status of...
On August 21, 1996, President Clinton signed the Small Business Job Protection Act of 1996. It changed the exclusion from gross income of damages received on account of personal injury or sickness to...
View Article"Worker's Bonk" Equals Worker's Comp as Adulterous Affair Leads to Fatal "On...
Under French law, any partners and children will receive a monthly benefit of up to 80 percent of his salary until what would have been his retirement age and then a share of his pension. C'est la vie!
View ArticleStructured Settlement Industry Continues to Thrive on Providing Core Safety...
Structured Settlement Industry at "Half Time" 2019. After returning to $6 billion in production in 2018, production through Q2 2019 exceeded $3B in premium for structured settlement annuities Top 3...
View ArticleClass Action Filed in Missouri Against J.G. Wentworth Alleges Violations of...
According to the Complaint, the action seeks to redress JG Wentworth's unfair, deceptive and fraudulent conduct that has caused MO consumers to not receive advice of disinterested counsel when...
View ArticleDoes a Court Have to Set Up a Structured Settlement to Avoid Taxes?
Courts do not set up structured settlements. Therefore a Court does not have to set up a structured settlement to avoid taxes. In some cases, a Court must approve a settlement, regardless of whether it...
View ArticleUnited States Owned Structured Settlement Annuity Saves The Day in Texas for...
Not reviewing and/or updating and confirming the beneficiary designation on your structured settlement can have unintended consequences as I wrote October 30, 2018 in Unintended Consequences Can Result...
View ArticleStructured Settlement Instead of a Health Savings Account?
It has been suggested that using a structured settlement annuity is an alternative to Health Savings Account. In my opinion such assertion cannot be applied categorically and each situation should be...
View ArticleUS Court of Appeals Rules that US Army Must Cover ELNY Annuity Shortfall
Payees have sued the USA over ELNY shortfalls and failed. The United States Court of Appeals for the Federal Circuit in Langkamp case focuses on the settlement agreement. The USA's commitment was...
View Article"Settlement Awards" and the "Arc of Life" | Misnomers Amid Fail to Address...
Life is not an arc as the structured settlement broker says. Transitions are an iterative process not a linear process. While life may throw you a couple of curve balls, life itself is neither linear...
View ArticleStructured Settlement Annuities Are NOT Tax Exempt
Structured settlement annuities are not tax exempt. Where used as a "qualified funding asset" the structured settlement payments may be tax exempt, but the essential reason for the tax exemption is the...
View ArticleStructured Settlement Industry Production Was A Record Setting $6.4B in 2019!
Structured settlement industry production increased for the second year in a row. 2019 set a new record for structured settlements, at $6.4 B after a decade sub $6B, ending in 2017. Forward growth is...
View ArticleJohn Hancock Life Introduces Structured Settlement Exchange Program for Its...
John Hancock Life is rolling out a new structured settlement exchange program that enables John Hancock annuitants to address their liquidity needs when they arise, while providing a measure of...
View ArticlePrudential Suspends Structured Settlement Rate Book Pricing Due to Extreme...
It is actually smart risk management on the part of Prudential. Insurers must have assets to match against liabilities under state insurance regulations. Large volumes of business coming in under book...
View ArticleIs a Factored Structured Settlement a Qualified Funding Asset?
Do you have an attorney fee deferral / structured attorney fee sold by a settlement planner, from a qualified settlement fund, using the settlement planner's qualified assignment company and funded...
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