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…
Seems people have a penchant for going “Back to the Future.” “Old” ideas get a fresh coat of paint and are recycled for the next generation who embrace them as their own. Just think of all the successful TV shows that focus on a particular historical period in time but are produced a decade or…
Ernst & Young Analysis: “Longevity Risk” Increasing Finn Financial Group’s October, 2009 newsletter, Live Longer – Buy Annuities, featured research from a smattering of sources emphasizing the value and importance of annuities to one’s overall financial health. As part of our commitment to helping clients achieve lifetime financial stability, we wanted to pass along some…
“With a friend at hand you will see the light If your friends are there then everything’s all right” – Elton John, Bernie Taupin – Way back in the dark ages of communication, prior to 2004, people kept in touch in all sorts of ways that seem almost quaint by today’s standards. They wrote…
“Make Your Money Last a Lifetime.” That’s the title of a December 1, 2010 article by personal finance expert Jane Bryant Quinn in her most recent AARP Bulletin column “Financially Speaking.” On a personal and professional level, I’m always drawn to articles about retirement planning in hopes of gleaning some new nugget of wisdom I…
IRS Confirms: Wrongfully Imprisoned Exonerees Can Receive Tax-Free Structured Settlements Affirming what’s generally been accepted as true for many wrongfully convicted individuals upon earning their freedom, the Internal Revenue Service published a Written Determination this past Friday (Number: 201045023) that removes any ambiguity surrounding the tax-treatment of compensation exonerees receive on account of personal, physical…
For more than 20 years, Kathryn Arnold has been involved in the entertainment industry. Her professional experience has run the gamut from production and development to financing and fund-raising on everything from major motion pictures and television to the Los Angeles Olympic Organizing Committee. Several productions she’s been involved with have gone on to win…
Safety of Principal + Modest Return = The New Normal Fresh on the heels of last week’s newsletter which featured the insights of Laura Tarbox, one of the nation’s most respected and honored Certified Financial Planners and principal of the wealth management firm The Tarbox Group in Newport Beach (CA), I thought it helpful to…
CLHIGA Limits for Structured Settlements Increased to $250,000 In a move long overdue in the eyes of many, Gov. Arnold Schwarzenegger signed Senate Bill No. 1408 into California Law last weekend. The bill was sent to the Secretary of State on Monday, September 27, 2010. This is welcome news for recipients of structured settlement benefits…
A Conversation with: Laura Tarbox, CFP Top American Financial Planner Discusses Her Views on Structured Settlements and Fixed Annuities For more than 30 years, Laura Tarbox has distinguished herself as the kind of financial planner many other financial planners aspire to be like. Regularly ranked among the “Best Financial Advisors” in the country by Worth…