What are the keys to success for nation's leading personal injury trial attorneys – those elite plaintiff attorneys who consistently win multi-million-dollar verdicts on behalf of their clients?
Depending on your level of familiarity with structured settlements, there are certainly more than three questions you should ask, but we believe asking these questions should help you gain a good enough understanding to decide if a structured settlement is a good option for you.
Structured settlements offer many benefits compared to a lump sum settlement. One of the most important advantages is the option of receiving lifetime benefits. With lifetime structured settlement payments, unlike a lump sum settlement, it is impossible to outlive your settlement award.
Independent Life recently had the opportunity to play a critical role in the resolution of a complex claim that had been going on for over 6 years.
What is the difference between a “qualified” structured settlement and a “non-qualified” structured settlement?
Since it was first published in 1986, "Structured Settlements and Periodic Payment Judgments" (S2P2J), has provided structured settlement stakeholders with an authoritative reference guide, consisting of 16 chapters with extensive footnotes and Appendix documents, to help them understand historical development as well as current issues and fashion settlements and judgments utilizing periodic payments.
One of the first steps every personal injury plaintiff should take following an accident, with the assistance of your attorney or structured settlement planner, is to take an inventory of any public benefit programs you are currently taking advantage of and to determine what other programs they may also be entitled to participate in.
Most plaintiff attorneys have a fundamental understanding about structured settlements and the benefits structured settlements can provide to their clients. Many plaintiff attorneys, however, are less familiar with potential advantages structured fees can offer for their own financial and retirement planning. Here are five things every attorney should know about structuring his or her attorney fees – recognizing that the following discussion is not intended as legal or tax advice and should not be relied upon without the advice of a qualified professional advisor.
From a structured settlement perspective, whenever a plaintiff attorney is preparing for a mediation involving various tort and non-tort case, the attorney should address the following questions:
The National Association of Insurance Commissioners (NAIC) has recently voted to update its Suitability in Annuity Transactions Model Regulation (Model Number 275). States can use NAIC Model Regulations when developing their own laws but have no requirement to do so.