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    • Resources for Attorneys
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President Obama Signs SMART Act Into Law

By Patrick C. Farber On January 15, 2013 · 10:56 AM · Add Comment
The SMART Act was signed by President Obama on January 10, 2013 after it had passed in both branches of Congress. The act amends portions of the Medicare Secondary Payer (MSP) statute and is intended to simplify portions of the statute that have been considered onerous to beneficiaries.
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Protecting the Plaintiff with Medicare, Medi-Cal and SSI without Age or Income Restrictions In An Affordable Care Act Era

By Patrick C. Farber On January 15, 2013 · 8:04 AM · 1 Comment
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.
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ADR Pioneer Hon. H. Warren Knight (Ret.) (1929 – 2012)

By Patrick C. Farber On December 21, 2012 · 9:15 AM · Add Comment

For 31 years, I’ve had the privilege of knowing the Hon. H. Warren Knight. After retiring from the bench in 1979, Judge Knight began what was to become JAMS–at the time, a one-man operation. His unwavering vision, enthusiasm and commitment to mediation and arbitration through the years have made private ADR a popular option in many civil cases. Judge Knight passed away last month at [...]

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For Powerball Winners, The Real Work Begins

By Patrick C. Farber On December 13, 2012 · 9:03 AM · Add Comment
Around this time, reality is starting to sink in for the two Powerball winners who are splitting the astronomical $587 million jackpot. While they know they'll never have to work at a job another day in their lives, the real work of managing such an enormous sum of money is just beginning.
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American General survey sheds light on consumer settlement choices

American General Survey Sheds Light On Consumer Settlement Choices

By Patrick C. Farber On November 16, 2012 · 7:57 AM · Add Comment

American General conducted a survey on consumers’ knowledge of structured settlements after an injury. The results show that much work needs to be done to educate the public so it is fully informed of the financial options if a life-altering injury occurs.

Of those surveyed, 80% had not been involved in a personal injury case, while 20% said they or a family member had [...]

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MADD Red Ribbon Week

MADD Red Ribbon Week — October 21-27, 2012

By Patrick C. Farber On October 19, 2012 · 2:57 PM · Add Comment
October 21-27 is Red Ribbon Week. Every October, Mothers Against Drunk Driving (MADD) presents awareness programs to youth around the country to encourage teens to live a drug-free life and resist underage drinking.
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Going Broke: Athletes Offer Hard Lessons in (Mis)Managing Money

Going Broke: Athletes Offer Hard Lessons in (Mis)Managing Money

By Patrick C. Farber On October 4, 2012 · 7:51 AM · Add Comment

A Sports Illustrated article from awhile back included some sobering statistics about professional athletes and their money:

• By the time they have retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.

• Within five years of retirement, an estimated 60% of former NBA players are broke.

Most lost their millions because [...]

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Compounding Structured Settlements

Things You Need To Know About Compounding A Structured Settlement

By Patrick C. Farber On September 5, 2012 · 2:11 PM · Add Comment
Younger injured parties (under age50) can often benefit from the use of an inflation-adjusting component in their structured settlement.
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Retireee contemplates financial readiness

Study: Half of Americans Die With Almost No Money

By Patrick C. Farber On August 29, 2012 · 9:28 AM · Add Comment
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.
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Small Settlement Structures

Advantages of Structuring a Small Settlement

By Patrick C. Farber On July 24, 2012 · 8:17 AM · Add Comment
Many attorneys think structuring a settlement only benefits injured parties receiving large payouts. That's not necessarily the case. Small annuities can benefit an injured party in many of the same ways large annuities do: bolster retirement savings, use for future college or medical expenses and prevent young injured individuals from being tempted to spend their settlement on questionable purchases.
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Recent Posts

  • Advantages Of Qualified Settlement Funds

    Advantages Of Qualified Settlement Funds

    December 30, 2025
    Attorneys Robert Wood and Alex Brown recently wrote an article …Read More »
  • Job Openings Decline: Making The Case For Structured Settlement Income Security

    Job Openings Decline: Making The Case For Structured Settlement Income Security

    November 6, 2025
    The job site Indeed just released its Job Postings Index. As …Read More »
  • Medi-Cal Reinstates $130,000 Asset Limit

    Medi-Cal Reinstates $130,000 Asset Limit

    October 10, 2025
    Starting January 1, 2026, California will reinstate a $130,000 Medi-Cal …Read More »

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President Obama Signs SMART Act Into Law
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