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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 ...

    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 ...

    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 ...

    Industry News

    Let's Talk About: Structuring Attorney Fees

    Plaintiff attorneys are continuing to gain an understanding of the benefits of structuring their attorney fees, a unique tool, ...

    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 ...

    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 ...

    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 ...

    Attorney Resources

    Revisiting the Grillo Case

    The Christina Grillo medical malpractice case reached a $2,500,000 settlement in Texas in 1990 – thirty years ago. Why is the ...

    Knowledge Network

    Uniform Periodic Payments of Judgments Act: Conclusion

    In retrospect, the failure of the National Structured Settlement Trade Association (NSSTA) to support the Uniform Periodic ...

    Public Benefits

    Celebrating 30 Years of the ADA

    July 26 marks the 30th anniversary of the enactment of the Americans with Disabilities Act of 1990 (ADA).

    Knowledge Network

    Considering the Uniform Periodic Payment of Judgments Act: Part II

    For the vast majority of the 300 plus members of the National Structured Settlement Trade Association (NSSTA) who attended the ...

    Knowledge Network

    Considering the Uniform Periodic Payment of Judgments Act: Part I

    How different might the structured settlement market be today if the National Structured Settlement Trade Association (NSSTA) had ...

    Knowledge Network

    Revisiting Periodic Payment Judgments

    State periodic payment of judgment statutes originated in the United States as part of the tort reform movements of the 1970s and ...

    Industry News

    An Analysis of the Revised NAIC Annuity Suitability Regulation

    The National Association of Insurance Commissioners (NAIC) has recently voted to update its Suitability in Annuity Transactions ...

    Industry News

    Texas Legislature Modernizes Structured Settlements Statute

    Independent Life Insurance Company (Independent Life) is excited to report Texas Statute HB 3771 is now law, having passed the ...

    Public Benefits

    ABLE Accounts: The Direct Funding Debate

    Without more specific legal authority, many plaintiff attorneys, special needs attorneys and settlement planning professionals ...

    Legs & Regs

    Ezell v. Lexington

    Note: this article was edited on June 16, 2019 to correct an earlier mistake and to provide an important update.