How to Reap Long-Term Financial Benefits in a Taxable Damages Case: The Latest Options for Settlements Outside of the Realm of Physical Injury, Physical Sickness, or Wrongful Death

Most attorneys know that when it comes to physical injury settlements, traditional financial vehicles such as structured settlements are available to help preserve a client’s recovery.  What about non-physical injury settlements when the proceeds are taxable? There are several financial products that offer a variety of benefits for non-physical injury settlements and attorney fee deferrals,…

Vote for TSAW as California’s #1 Structured Settlement Provider!

The Settlement Alliance-WEST is proud to announce that we have been nominated as the Best Structured Settlement Provider in California. With offices throughout the state, we are committed to providing plaintiff attorneys and injured claimants with the legal industry’s most comprehensive settlement planning services. If you are an attorney, paralegal, or judge in California, please…

Stay Informed: MSAs for Liability and Workers’ Comp Cases

Medicare Set-Asides serve as a glaring reminder that the legal sector must remain vigilant in its awareness and understanding of evolving government benefit guidelines. The following article discusses the current status of the Liability Medicare Set-Aside process and offers insight into existing Workers’ Compensation Medicare Set-Aside procedures. Current Status of Liability Medicare Set-Asides In 2017,…

Is a First Party Special Needs Trust Right for Your Client?

Disabled individuals who expect to receive settlement proceeds may need to consider placing the proceeds into a trust account to preserve assets, protect government benefit eligibility, and help ensure that their needs are being met. A First-Party Special Needs Trust (sometimes referred to as a “d4A trust,” as a nod to the section of federal…

Why Structuring SMALL Settlements Can Mean BIG Benefits: Case Examples

  It is understood that structured settlements are a safe financial vehicle widely used for injury victims receiving large settlements.  As settlement planners, we are frequently asked if it is also appropriate to structure smaller settlements.  The truth is, our team works with injury victims regardless of their settlement size, and in fact, the average…

Are You Failing to Retain your Own Settlement Planning Expert?

When it comes to settlement, each side should engage their own experts. The claimant is entitled to representation by a plaintiff-loyal settlement professional, rather than relying solely on a defense broker engaged by the liability insurer or self-insured defendant. Most defense brokers have alliances with the liability insurer, meaning they have a conflict of interest…

What is a Trigger Trust: and Why Should Some Claimants Consider One?

When settling a personal injury case, it is not uncommon for the claimant to have unclear expectations of the true impact that an injury will have on their long-term physical and financial well-being. Claimants who aren’t currently receiving needs-based government benefits may find themselves in need of financial assistance in the future—and out of luck…