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Money from an employment settlement is almost always taxable, and taking a large award in a single year can push a plaintiff into the top federal bracket and even trigger the alternative minimum...
Introduction Structured settlement payment plans give people a way to receive money from a legal settlement over time. Instead of getting one large check, a person gets regular payments. These plans...
Introduction Structured settlement in labor cases provide workers with steady, reliable income after a workplace injury or labor dispute. These arrangements appear in workers' compensation matters,...
There is no single structured settlement. The term covers a family of payment designs, and the right one depends entirely on who is receiving the money and what they will need it for. In the plans I...
Most people treat the settlement agreement as the last piece of paperwork to sign once a case is resolved. That document is where the financial decisions get locked in, and once it is signed, the...
Introduction A structured settlement for minors is a reliable way to protect a child’s financial future after an injury or wrongful death case. Attorneys, parents, and courts often prefer structured...
In this articleIntroductionWhat is a Structured Settlement?Are Structured Settlements Taxable?How Does a Structured Settlement WorkKey Parties Involved in a Structured SettlementTypes of Structured...
Introduction Attorneys often ask us how a settlement check can impact a client's Medicare benefits. Medicare is an entitlement for people who are 65 years old or for people who have been deemed...
Introduction Past settlement recipients who elected to receive all or a portion of their settlement funds via a structured settlement annuity might be tempted to sell their annuity payments to...
A common question from attorneys regarding special needs trusts is: "What happens when the beneficiary of the special needs trust passes away? What happens to the funds in the trust?" It’s...
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