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    Periodic Payments After Settlement

    When Congress passed the Periodic Payment Act of 1982, the stated intent was to provide a secure and steady flow of periodic payments to claimants. At the time of settlement or judgment, the claimant foregoes immediate access to a lump sum in ...

    Patrick Hindert

    Patrick Hindert

    Patrick J. Hindert is Vice President of Business Development for Independent Assignment Company. Hindert has been a leader in the structured settlement industry since 1977. He previously served as President of Benefit Designs, a national structured settlement intermediary, which he owned and managed for 22 years. He has also served as President of the National Structured Settlement Trade Association (NSSTA) and as Executive Director of the Society of Settlement Planners (SSP). Hindert is co-author of Structured Settlements and Periodic Payment Judgments, a legal treatise updated semi-annually since 1986, which is utilized by NSSTA and SSP in their certification programs. Hindert previously authored the industry blog Beyond Structured Settlements and has been a frequent speaker at national conferences sponsored by NSSTA, SSP, NAMSAP, ASNP, NASP and NAELA. Hindert served as keynote speaker at the first national structured settlement conference in Australia in 1994. He provided expert testimony to the United States House Ways and Means Committee in 1981 prior to enactment of the Periodic Payment Settlement Act of 1982.

    Periodic Payments After Settlement

    When Congress passed the Periodic Payment Act of 1982, the stated intent was to provide a secure and steady flow of periodic ...

    Anti-Assignment Language

    Almost all structured settlements are completed on a basis that qualifies future payments for tax-free treatment under I.R.C. ...

    Structured Settlements and Periodic Payment Judgments Release 70

    Since it was first published in 1986, "Structured Settlements and Periodic Payment Judgments" , has provided structured ...

    The Patel Memo - Twenty Years Later

    Daniel Anders, President of the National MSP Network (NMSP) sent a newsletter last week alerting this writer and other NMSP ...

    Expanding ABLE Through Collaboration

    Last week, the National Association of State Treasurers (NAST) sponsored its 2021 Treasury Management Training Symposium, which ...

    CMS WCMSA Reference Guide Version 3.3

    When the Centers for Medicare and Medicaid Services (CMS) published the most recent Version 3.3 of its Workers Compensation ...

    Book Review: Investing is Your Superpower

    “We can’t become what we need to by remaining what we are.” – Oprah Winfrey

    A Review of the NSSTA 2021 Annual Conference

    NSSTA President Michael Goodman opened the 2021 National Structured Settlement Trade Association Conference, hosted virtually May ...

    Pre-NSSTA Structured Settlement History

    Congratulations to the National Structured Settlement Trade Association (NSSTA) which will be celebrating its 35th Anniversary as ...

    Soldiers vs. Scouts: The NSSTA 2021 Annual Conference

    In her new book titled “The Scout Mindset”, author Julia Galef, co-founder of the Center for Applied Rationality, utilizes a ...

    Settlement Planning

    Let's Talk About: Judges, Mediators and Settlement Planning

    Judges and mediators play important, but distinctive, roles in settlement planning. So it may have surprised some attendees that ...

    Let's Talk About: A Definition for Settlement Planning

    If you market yourself as a “settlement planner”, or even consider yourself a “settlement planner”, how do you define “settlement ...

    Knowledge Network

    Let's Talk About: Approved Lists, Rated Age and Beneficiary Protection

    During its three-day 2021 Annual Conference in late February, the Society of Settlement Planners (SSP) hosted 20 separate virtual ...

    Let's Talk About: Privacy of Medical Records and Personal Data

    During a discussion of “Life Company Basics” featured as part of the recent Society of Settlement Planners (SSP) virtual 2021 ...

    Structured Settlements and Periodic Payment Judgments Release 69

    Because settlements represent voluntary agreements, neither plaintiffs nor defendants can be forced to participate in a ...

    Industry News

    Let's Talk About Factoring

    Continuing a series of articles previewing selected topics at the upcoming Society of Settlement Planners’ (SSP’s) virtual 2021 ...

    Industry News

    Let’s Talk About: Mass Torts and Structured Settlements

    Upon reviewing the agenda for the Society of Settlement Planners (SSP) 2021 Annual Conference there is one session that falls ...

    Industry News

    Let's Talk About: Suitability and Settlement Planning

    The Society of Settlement Planners (SSP) will host its virtual 2021 Annual Conference for February 23-25 and has already ...

    Industry News

    New Blog Series: Let's Talk About...

    Conference season, albeit virtual, has officially kicked off with both the Society of Settlement Planners (SSP) and the National ...

    Knowledge Network

    Society of Actuaries Structured Settlement Mortality Studies

    Every structured settlement professional is familiar with the term “substandard age rating” as well as the important role more ...

    ABLE Accounts

    IRS Publishes Final ABLE Regulations (Part 2)

    Since The ABLE Act created IRC 529A in 2014, 49 states have passed legislation to implement ABLE and ABLE accounts have become ...

    ABLE Accounts

    IRS Publishes Final ABLE Regulations

    The Internal Revenue Service (IRS) has published final regulations that provide guidance regarding programs under the Stephen ...

    NSSTA

    NSSTA Virtual Business Meeting and Fall Educational Conference 2020

    A five star success! Awesome! Amazing! Blown away!

    Structured Settlements and Periodic Payment Judgments Book Release 68

    Since it was first published in 1986, "Structured Settlements and Periodic Payment Judgments" (S2P2J), has provided structured ...

    Legs & Regs

    Griffiths v. Aviva

    Perhaps it is not surprising, for a business that results from personal injury claims and lawsuits, that sometimes participants ...

    Legs & Regs

    Re-cycled Structured Settlement Payment Rights

    Historically, most investors who purchase structured settlement payment rights from factoring companies are sophisticated ...

    Non-Qualified

    Wrongfully Incarcerated Individuals

    The number of exonerations for wrongfully incarcerated individuals has increased for the third year in a row, according to The ...

    Industry News

    Book Review: The Art of Settlement

    Although the personal injury settlement planning profession now offers plaintiff attorneys, and its own members, an increasing ...

    ABLE Accounts

    Comparing the Advantages: ABLE Accounts vs. Special Needs Trusts

    The COVID-19 pandemic and near zero long term Treasury rates have required both structured settlement professionals and ...

    Legs & Regs

    Allocating Damages to Avoid IRC 6662 Penalties

    When a person recovers money for a tort injury committed by another person, an historic source of exclusion of that recovery from ...

    Knowledge Network

    Defining Income: IRC vs. SSA

    Every structured settlement and settlement planning professional is presumably well-familiar with the Internal Revenue Code ...

    Knowledge Network

    ABLE Accounts + Structured Settlements, Now a Possibility?

    Since The ABLE Act created IRC 529A in 2014, ABLE accounts have become popular financial and settlement planning tools for ...