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Post Title Image Structuring Strategies Beyond Fees

Structuring Strategies Beyond Fees

By Patrick C. Farber On September 25, 2024 · 3:33 PM · Add Comment

Patrick McNulty and I recently published a CAOC Forum article titled “Structuring Strategies Beyond Fees.”

In 1996, Childs v. Commissioner of the Internal Revenue Service supported the use of structures to defer the receipt of attorney fees. The same structuring strategies can be used when selling your law practice, business, or commercial or personal property. Money placed in an annuity is only taxed upon withdrawal, [...]

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Join Us At The ASHRM Annual Conference, October 6-9 in San Diego

Join Us At The ASHRM Annual Conference, October 6-9 in San Diego

By Patrick C. Farber On August 7, 2024 · 9:41 AM · Add Comment

We’ve reserved a booth at the American Society for Health Care Risk Management (ASHRM) annual conference. The conference is October 6 through 9 at the San Diego Convention Center.

Booth Number: #717

Be sure to stop by. We’ll be there to answer all your structured settlement questions including the latest on Medi-Cal eligibility for injured individuals.

To check out the conference [...]

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OBRA 93 Trusts Offer New Options For Injured Parties on Medi-Cal

By Patrick C. Farber On July 3, 2024 · 4:04 PM · Add Comment

Qualifying for Medi-Cal coverage has long been tied to strict asset limits ($2,000 maximum for individuals not including a home or vehicle). Those with disabilities would need to establish a Special Needs Trust (SNT) to maintain their assets and still qualify for Medi-Cal and other important medical coverage.

As of January 1, 2024, the asset limits criteria were eliminated. Now, government benefit eligibility is based [...]

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Easy Steps For Court Approval Of Structured Minor’s Compensation

Easy Steps For Court Approval Of Structured Minor’s Compensation

By Patrick C. Farber On June 24, 2024 · 3:21 PM · Add Comment

Attorneys often ask us, “How do I incorporate structured settlement annuity language for a minor into a petition to the court?” The answer is simple.

Our office provides all the paperwork to include with the petition/order that the court needs. If using form MC 350, the attorney of record needs to check box 18a(3)(b) and attach our paperwork to the petition. For form MC 351, box [...]
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Join us at CAALA Las Vegas 2024

Join Us At CAALA Annual Las Vegas Convention–Labor Day Weekend

By Patrick C. Farber On May 16, 2024 · 12:02 PM · Add Comment

CAALA’s Annual Las Vegas Convention is coming up–August 29 through September 1 (over Labor Day weekend). We’re sponsoring the Thursday, August 29 “Island Vibes Welcome Party” that officially kicks off the conference. Be sure to stop by.

Team members Nick Schuetze, Jacqueline Godoy and Pat Farber are attending the convention. It will be a good opportunity for us [...]

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Post Title Image Illustrating Addressing FAFSA Challenges/Paying For College Through Structured Settlements

Addressing FAFSA Challenges/Paying For College Through Structured Settlements

By Patrick C. Farber On April 10, 2024 · 8:58 AM · Add Comment

A college education has never been more expensive. There was hope that the introduction of a Free Application for Federal Student Aid (FAFSA) would be a quick and easy way to apply for college grant money online. Unfortunately, that hasn’t been the case. FAFSA has been plagued by problems. Here’s an article on the latest FAFSA issues [...]

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Structure or Not To Structure Employment Settlements? Employment Lawyers Weigh In

By Patrick C. Farber On December 13, 2023 · 7:42 AM · Add Comment

Earlier this year, MetLife conducted a survey of employment lawyers to learn their views on structuring settlements. Here are the highlights.

Most employment lawsuits are settled out of court. Of those surveyed, 86 percent said that structured settlements can be a good negotiating tool and speed up claim resolution/settlement. 81% were concerned that clients would deplete a lump sum settlement award too quickly. Plaintiff attorneys [...]
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Credit Card Debt Over $1 Trillion–How Structured Settlements Can Help Manage Finances

By Patrick C. Farber On November 14, 2023 · 8:56 AM · Add Comment

Americans owe $1.08 trillion in credit card debt according to the Federal Reserve of New York, an all-time high. Rising prices coupled with dwindling savings have forced many to rely on credit cards to cover basic expenses. Delinquencies are also up and so are credit card interest rates—now averaging above 20 percent.

Structured Settlements Offer Financial Security. When injury victims receive a large lump [...]

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Fixed Index Annuities: Part of a Retirement Portfolio

By Patrick C. Farber On November 1, 2023 · 10:09 AM · Add Comment

As you know, Patrick McNulty recently joined my team, coming from the Berkshire Hathaway structured settlement department where he was a senior account manager. Patrick has an extensive skill set in a number of annuity products outside the structured settlement space. I wanted to make you aware of some of those investments including Fixed Index Annuities.

Fixed Index Annuities (FIAs). [...]

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Is Selling Your Structured Settlement Worth It? Study Provides Answers

By Patrick C. Farber On September 19, 2023 · 6:17 AM · Add Comment

The Minneapolis Star Tribune analyzed data on cases where structured settlement recipients sold future settlement payments to factoring companies. The paper looked at more than 1,200 sales from 2000 to October 2021 (when the findings were published). Here’s what it uncovered:

Fewer than 20 people received cash equal to at least 80% of their settlement’s future payments. More than 40 people received cash equal [...]
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Recent Posts

  • How to Use a Personal Injury Settlement to Buy a Home: The Dual Tax Advantage

    How to Use a Personal Injury Settlement to Buy a Home: The Dual Tax Advantage

    September 25, 2026
    Key Takeaways for Personal Injury Attorneys & Claimants: With 30-year …Read More »
  • See you at the CAOC’s 2026 Class Action Seminar on Thursday, September 24 in Newport Beach

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

    September 21, 2026
    We are proud to be a sponsor for the Consumer …Read More »
  • MetLife’s White Paper Provides Overview of Non-Qualified Assignments

    MetLife’s White Paper Provides Overview of Non-Qualified Assignments

    September 9, 2026
    MetLife has published a white paper that provides an excellent …Read More »

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