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      • Taxing Emotional Distress Damages, Settlement Wording
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No Complaints: Tight Safety Regulations on Structured Settlement Annuities

By Patrick C. Farber On June 19, 2012 · 1:47 PM · Add Comment
With all the talk about too much or too little regulation of investments these days, there is one investment that supports its tough regulatory limitations: structured settlement annuities. Why? Tight regulations give annuities one of their primary selling points: safety.
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Structuring Attorney Fees: Language to Use in a Settlement Agreement

By Patrick C. Farber On May 21, 2012 · 8:44 AM · Add Comment
Structuring attorney fees has benefits: better money management of future expenses such as a child's education or your retirement, possibly lowering your tax bracket, guaranteed payments, and, as with injured-party settlements, receiving more money than if you had taken an initial lump sum payment.
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Coming Soon – New MSPRC Web Portal to Speed Up Conditional Payment Settlements

By Patrick C. Farber On April 26, 2012 · 11:46 AM · 1 Comment
The Centers for Medicare & Medicaid Services (CMS) announced it will soon introduce a web-based tool called Medicare Secondary Payer Recovery Portal (MSPRP) to help in submitting and obtaining information related to Medicare conditional payment recoveries (Medicare liens).
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Berkshire Hathaway & The Reinsurance Market

By Patrick C. Farber On April 2, 2012 · 8:51 AM · Add Comment
Berkshire Hathaway is a name we all know and trust. It recently re-entered the structured settlement arena in a big way, but many may not know that it also comes out on top in the reinsurance market. Berkshire Hathaway's reinsurance company, National Indemnity Company, offers investment vehicles in non-qualified, non-physical injury property and casualty settlements.
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New York Judge Calls for Cap on Factoring Company Discount Rates

By Patrick C. Farber On February 17, 2012 · 7:48 AM · Add Comment
A New York trial judge recently urged the state legislature to introduce an amendment to the state's Structured Settlement Protection Act that would set a cap on the discount rate factoring companies could use when transferring payments from structured settlement annuity recipients. I believe California legislators should take notice and follow suit.
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The Fed Announces Near Zero Interest Rates Until End of 2014: What It Means For Settlements

By Patrick C. Farber On January 27, 2012 · 9:28 AM · Add Comment
The Federal Reserve announced January 25 that it would keep its benchmark interest rate near zero until late 2014. Lets take a look at what these near-zero rates means for structured settlements.
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Special Needs Trusts And the Baby Boomer Generation

By Patrick C. Farber On January 17, 2012 · 1:33 PM · Add Comment
Pooled SNTs use a state-approved master Special Needs Trust that is administered by a non-profit rather than an individual or a bank. In California, Medi-Cal allows the transfer of settlement funds into a Pooled Trust or (d)(4)(C) trust for individuals of any age.
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529s vs. Annuities – Comparing Principal Security

By Patrick C. Farber On December 21, 2011 · 10:22 AM · Add Comment
A recent article (December 18, 2011) in the Los Angeles Times discussed the track record of 529s and found that timing has much to do with how a 529 account ultimately performs.
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U.S. Treasuries Provide Diversification to Structured Settlements

By Patrick C. Farber On December 15, 2011 · 9:51 AM · Add Comment
Not all structured settlements begin and end with a life insurance annuity. A number of investment options are available when creating a structured settlement to meet an injured party's financial needs.
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Tax-Deferred Structures in Non-Traditional Cases

Tax-Deferred Structures in Non-Traditional Cases [The Gavel, Summer 2011]

By Patrick C. Farber On October 5, 2011 · 9:28 AM · 1 Comment
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.
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    robert_simon_patrick_farber“Before settling a case, we sit down with our clients and discuss their situation from a financial perspective. The more we educate our clients, the more they see that a structured settlement is a no-brainer.”

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  • See you at the CAOC’s 2026 Class Action Seminar on Thursday, September 24 in Newport Beach

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