We work with clients and attorneys in California and around the country in creating structured settlements for medical malpractice, personal injury, product liability, workers’ compensation, mass torts and construction defect cases as well as for non-physical injury cases and attorney fees–all at no cost to the client.
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Patrick Farber Releases Free MICRA Calculator App!
One of the most popular features on my website is the MICRA fee calculator. I’m now happy to announce that the calculator is available for your iPhone, iPad and Android devices.
The app can be downloaded from iTunes and Google Play Store or from the links below:
Download your FREE Apple App
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Download your FREE Android App
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In addition, the MicroCalc app contains my latest eblasts and articles on a variety of structured settlement issues.
I hope you find the app useful and would appreciate any feedback.
- Pat Farber
Protecting the Plaintiff with Medicare, Medi-Cal and SSI without Age or Income Restrictions In An Affordable Care Act Era
The most common way for a plaintiff to continue to receive Medi-Cal and SSI while also receiving settlement funds is to establish a first party individual Special Needs Trust (SNT) or enroll in a Pooled Special Needs Trust (Pooled SNT) also known as a Pooled Trust, PSNT or Master Trust.
Study: Half of Americans Die With Almost No Money
Almost half of U.S. retirees die with savings of $10,000 or less, but that grim finding doesn’t fully describe the variability and uncertainty that characterize retirement in America, according to a recent study.
Benefits of Small-Dollar Structured Settlements
Over the past 20 years, more than 50 percent of the structured settlements facilitated by Ringler Associates, a national structured settlements brokerage firm, were less than $50,000. Another approximately 17 percent were between $50,000 and $100,000. These figures are typical of most annuity brokerage firms.
Tax-Deferred Structures in Non-Traditional Cases [The Gavel, Summer 2011]
Attorneys are beginning to look beyond cases typically targeted for structured settlements and recommending the settlement option to clients in a number of non-traditional, non-physical injury recoveries. Almost any type of non-physical settlement can and is being structured.
Preserving Plaintiff’s Medi-Cal and Medicare Benefits [The Advocate - September 2011]
Settling a case can be a cumbersome, time consuming and a frustrating experience for all parties. When the complexities of public-benefit programs such as Medicare and Medi-Cal are added to the settlement mix, it’s no wonder plaintiff attorneys seek assistance in understand¬ing the necessary legal measures required to ensure their settlements comply with the law and protects their client’s current and future interests.
Structural Changes [Trial Magazine - June 2011]
Structured settlements and the laws governing them are ever-changing. Issues like how they are taxed, when they can be used, and whether they can be sold seem to be in a near constant state of flux. For plaintiff trial lawyers who are charged with properly advising their clients regarding settlement of their cases, this instability can be disconcerting, to say the least.
“For 30 years, structured settlements have provided injured people with long-term financial security and special tax benefits. How these settlements are used and funded is constantly evolving. Make sure you know all the options so you can build the best structure for your client.”
Age 65 and Over Settlements: Preserving the Elder Plaintiff’s SSI and Medi-Cal [CAOC Forum - Nov/Dec 2010]
Plaintiff attorneys face unique challenges when serving the needs of the injured elder population – those over the youthful age of sixty-four.
One difficult issue is that many elders qualify for and utilize needs-based public benefits like Supplemental Security Income
What is a “Structured Settlement”?
Structured settlements are tax efficient and can have asset protection and spendthrift advantages too. Like other tax deferral ideas, their results are more impressive the longer their term and the slower they pay out. They aren’t for everyone, and you shouldn’t structure every nickel you receive. Once they are set up, they generally can’t be changed.
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- Preserving Plaintiff’s Medi-Cal and Medicare Benefits [The Advocate - September 2011]