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    • Resources for Attorneys
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      • Berkshire Hathaway Structured Settlements Brochure
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      • Maximizing Workers’ Comp Settlments
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Helping A Family Recover After A Devastating Loss

Helping A Family Recover After A Devastating Loss

By Patrick C. Farber On September 9, 2019 · 3:25 PM · Add Comment

Recently, I had the opportunity to work with a couple during the settlement of their lawsuit involving the loss of their young child. 

Initially, all parties thought the settlement was too small for a structured annuity. Yet, after I met with the couple and discussed their financial needs, it became apparent that an annuity could be beneficial. One of their desires was to own a [...]

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Creating A Strong Financial Future With Social Security and Structured Settlements

By Patrick C. Farber On July 26, 2019 · 7:32 AM · Add Comment

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 start receiving Social Security (and a bigger monthly check) while [...]

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MetLife Offers Non-Qualified Structured Settlements Through U.S.-Based Met Tower Life

MetLife Offers Non-Qualified Structured Settlements Through U.S.-Based Met Tower Life

By Patrick C. Farber On July 1, 2019 · 5:10 PM · 1 Comment

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.

While the guaranteed payments from non-qualified structured settlements are taxable, [...]

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Many Americans Can't Pay A $400 Emergency Expense

Many Americans Can’t Pay A $400 Emergency Expense

By Patrick C. Farber On June 10, 2019 · 8:27 PM · Add Comment
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.
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A Structured Settlement Benefit: Staying Out Of Debt

A Structured Settlement Benefit: Staying Out of Debt

By Patrick C. Farber On May 28, 2019 · 10:02 AM · Add Comment

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 from Lending Tree shows the average credit card debit [...]

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Crafting Successful Financial Strategy Using Structured Settlements

Crafting a Successful Financial Strategy Using Structured Settlements

By Patrick C. Farber On April 16, 2019 · 9:23 AM · Add Comment

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 structured settlements.

Since their inception, structured settlements have become a [...]

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Enrique Sierra Case Settled Now What

After The Case Settles—Then What?

By Patrick C. Farber On March 28, 2019 · 7:22 AM · Add Comment

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 for these tasks even when defense counsel brings in one [...]

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Structures: Safe, Secure & Regulated

Structures: Safety & Security

By Patrick C. Farber On March 21, 2019 · 5:09 PM · Add Comment
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.
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CATASTROPHIC INJURIES AND THE ROLE OF STRUCTURED SETTLEMENTS

Catastrophic Injuries and the Role of Structured Settlements

By Patrick C. Farber On March 12, 2019 · 8:47 AM · Add Comment

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 member, they can give families the ability to plan their future with [...]

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medicare-set-aside-personal-injury-ensuring-government-benefits

Medicare Set Asides—Ensuring Government Benefit Eligibility

By Patrick C. Farber On February 26, 2019 · 9:01 AM · Add Comment

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 settlement moneys, to pay for future medical bills incurred because [...]

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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.”

    Robert T. Simon
    Co-founder, Simon Law Group

  • American Board of Trial Advocates (ABOTA) Consumer Attorneys Association of Los Angeles (CAALA) Consumer Attorneys of California (CAOC) National Association of Insurance & Financial Advisors (NAIFA) National Association of Life Underwriters (NALU) National Structured Settlements Trade Association (NSSTA) Orange County Trial Lawyers Association (OCTLA) San Francisco Trial Lawyers Association (SFTLA) Southern California Association for Healthcare Risk Management (SCAHRM)
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    —Andrew Skinner, Co-Founder, Triumph Foundation


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Recent Posts

  • MetLife Brings New Non-Qualified Flex Agreement to Market

    MetLife Brings New Non-Qualified Flex Agreement to Market

    August 11, 2026
    MetLife’s Non-Qualified Flex Agreement (NQA-FA) is now available. First announced …Read More »
  • Surge In Factory Job Cuts Highlight the Importance of Structured Settlements

    Surge In Factory Job Cuts Highlight the Importance of Structured Settlements

    June 24, 2026
    Factory job cuts are at their highest level since the …Read More »
  • Bill Protecting Sexual Assault Settlements From Taxes Heads To the Senate

    Bill Protecting Sexual Assault Settlements From Taxes Heads To the Senate

    June 2, 2026
    The U.S. House of Representatives passed the Survivor Justice Tax …Read More »

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  • Surge In Factory Job Cuts Highlight the Importance of Structured Settlements - Patrick Farber Structured Settlement Brokers on Patrick Farber
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Helping A Family Recover After A Devastating Loss
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