“Structured Settlements” That’s right! The phrase “structured settlements” is the most expensive Google Adword in the solar system according to Harvard behavioral economist Sendhil Mullainathan. On January 31, 2012, National Public Radio’s Marketplace segment featured a revealing conversation with Professor Mullainathan entitled “How Google searches are leading economic indicators.” What is a structured settlement? In…
January 25, 2012 – Johnson & Johnson, parent company of DePuy Orthopedics, maker of the since recalled metal-on-metal ASR artificial hip systems, recently took quarterly charges of more than $3.0 Billion according to the New York Times. As a structured settlement company with a personal interest in the litigation that has developed in light of…
January 20, 2012 Treasury Issues Final Regulations Under 104(a)(2) Physical Injury Damages Exclusion Internal Revenue Code Section 104(a)(2) is the foundation upon which structured settlements, which provide guaranteed future periodic payments on an income tax-free basis for personal, physical injury claimants, is built. On January 20, 2012, Treasury issued its FINAL regulations under…
Because Your Longevity Risk is Increasing, That’s Why! With apologies to our younger readers, remember the 1977 Dannon commercial that linked the high centenarian population of then-Soviet Georgia to eating yogurt? What a difference a generation makes! When Congress passed the Social Security Act in 1935, average life expectancy at birth was only 62.81 years. …
In its post Top 5 Causes of Accidental Death in the United States, list-oriented website Listosaur.com takes a look at some statistics that contribute to the rankings of a list we all strive to avoid being featured in. Their blog suggests that if people would simply stop drinking, being distracted and being young while driving,…
In a Congress that is often criticized for its inability to find common ground, today’s New York Times features an article which illustrates that bipartisanship is alive and well when it comes to medical implant device safety. Titled “Bill Would Require More Monitoring of Implants,” the article describes efforts by key Senators to address what…
Canton (OH) Lehman High School Distinguished Alumni It’s not often one finds himself mentioned in the same conversation with luminaries like one of the greatest New York Yankees of all time and one of rock ‘n’ roll’s most accomplished drummers ever. But that’s exactly the situation I find myself in having recently been honored as Canton (OH)…
Read Our Latest E-Guide In an effort to help clients make more informed decisions about structured settlements in these tumultuous economic times, we created this mini e-guide to help them make wiser choices about their futures. There’s plenty of reading inside so we’ll keep it short here. [Click Here] To learn why structured settlements remain…
(NOTE: Some blogs simply cannot be improved upon. Here’s one we couldn’t have said better ourselves. The following is reprinted in its entirety with permission from The National Structured Settlements Trade Association) Some structured settlements may offer significant advantages Kudos to CBS News financial writers Larry Swedroe and Tiya Lim for today’s CBS News’ post on structured settlements. …
(Reprinted from Finn Financial Group E-Newsletter) Claims Journal Article Touts Advantages of Structured Settlements During Claims Negotiations I was recently interviewed, in my capacity as President of the National Structured Settlements Trade Association (NSSTA), for an article which appears in the October 31 issue of Claims Journal. Entitled “Benefits of Using Structured Settlements in Claims…