– Patrick Farber
– Patrick Farber
- One of the most important decisions we must make as we get older is when to start receiving Social Security payouts. According to research by United Income, a money management firm that provides financial advice to retirees (as reported in a recent Bloomberg article) 4 percent of retirees wait until they turn 70 to [...]Read More »»
- MetLife is now offering non-qualified structured settlements from its U.S.-based Metropolitan Tower Life Insurance Company (Met Tower Life). These non-qualified structures are for non-physical injury settlements that fall outside the tax-free physical injury claims definition outlined by IRS tax code. These taxable settlements often involve employment litigation, punitive damages, contract disputes and construction defect claims. …Read More »»
- A recent survey shows that Americans can't afford to be out of work for even a short period. This particularly hits home for personal injury victims who suddenly find themselves unable to work (and without a paycheck) for long stretches of time or even permanently.Read More »»
- Reaching a financial settlement in a personal injury case is meant to provide the funds needed for the claimant to live comfortably without money worries. Yet bad investment decisions or careless spending can leave the injured party unable to pay creditors. The urge (or necessity) to spend beyond one’s means is increasing. Data fromRead More »»
- Suffering from a serious accidental injury can be a life-altering experience. Victims are often no longer able to work and provide for their family. That’s why the federal government amended the tax code in 1982 to allow injured individuals (or beneficiaries in wrongful death cases) to receive their settlement funds in guaranteed, tax-free payments through …Read More »»
- Once a case settles in your client’s favor, how can you be sure that the structured settlement payments will be distributed properly? That’s the job of the structured settlement broker. Brokers are responsible for payment set-up and coordination. As the attorney for the plaintiff, you have a right to use your own broker [...]Read More »»
- When discussing structured settlement annuities with anyone, the question that often comes up is "Are they safe?" That's understandable. The last thing anyone wants to worry about is the long-term reliability and safety of their money.Read More »»
- By Ali Mendiola, February 28, 2019, Appeared in WorkCompCentral.com Every day, accidents, sometimes fatal, occur in the workplace. As a structured settlement broker, I see the aftermath of these incidents and their long-term impact. While settlement funds can’t make someone with a catastrophic injury whole again or bring back a deceased family [...]Read More »»
- Personal injury cases have to be handled differently if an injured party qualifies for Medicare (must be 65 or older, on SSDI for 24 months or more or have end-stage renal failure) or will qualify for Medicare within two years. In these cases, a portion of a settlement must be set aside, separate from other …Read More »»
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“Structured settlements are the best way to protect your client from all of the external pressures on them after a significant settlement. I always ask my clients to at least meet with a structured settlement specialist.”
Greene Broillet & Wheeler, LLP