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21 Jan 2010, 11:33 am
The highlights again are that they have improved their structured legal fee annuity program to allow for a more expansive beneficiary option as well as adding in the ability to structure payments for the life of the attorney. [read post]
21 Jan 2010, 4:31 am
Defendants had also appealed on issues concerning (a) the so-called discount rate to be applied to the portion of the judgment that’s to be paid in installments over the years (under CPLR Article 50-B, certain portions of personal injury verdicts for future damages are to be paid out over time) and (b) whether plaintiff could insist that the annuity to fund the future payments be issued only by a top rated insurance company. [read post]
20 Jan 2010, 1:10 pm
Instead of investing the money as promised, Sullivan used the funds to pay for his son's wedding. [read post]
20 Jan 2010, 1:00 pm
Match that against typical hedge fund fees or trust fees in excess of 3% to 5% per year. 3. [read post]
19 Jan 2010, 3:56 am
Such ads have recently appeared in the Sponsored Links section of Google search results. 4structures.com, LLC has no connection to Fairfield Funding or its website sellstructured-settlement.net. [read post]
18 Jan 2010, 8:12 am
The form is sent by investors or by investment fund companies.Form 1099-B- Brokers and barter exchanges must report proceeds fromtransactions to you and the IRS on Form 1099-B. [read post]
17 Jan 2010, 11:16 am
If a broker receives pay from the commission issued from the funds used to purchase the annuity, then he represents the defense and plaintiff may not hold him liable for his advice. [read post]
16 Jan 2010, 7:17 am
Under the PPA provisions, annuity funds may be withdrawn completely tax-free on a FIFO (First-in, First-out) basis for long-term care benefits (amending Section 72(e) of the Internal Revenue Code). [read post]
15 Jan 2010, 6:50 am
The standard categories of powers that a principal can give his agent are: 1) Real Estate Transactions - allowing the agent to buy, sell, exchange, rent and lease real estate 2) Financial Institution Transactions - allowing the agent to open, close, continue and control all accounts and deposits in any type of financial institution including banks, trust companies, saving and loan associations, credit unions and brokerage firms 3) Stock and Bond Transactions - allowing the agent to buy and sell all… [read post]
13 Jan 2010, 5:10 am
Typically the insurance company that is settling the claim buys some sort of annuity, but funds can be paid into a dedicated account and self-administered by the claimant.There are a lot of questions about this set-up, and not a lot of answers. [read post]
12 Jan 2010, 6:27 pm
Next, with a lump sum, the minor could gain immediate access to the funds upon reaching age 18. [read post]
11 Jan 2010, 11:10 am
Kentucky Sets Forth Minimum Recommended Disclosures for Switching Transactions Minimum recommended disclosures for "switching transactions," an investor's moving from one product to another such as from one mutual fund to another, one variable annuity to another, or from a mutual fund to a variable annuity, are set forth by the Kentucky Securities Division. [read post]
10 Jan 2010, 9:15 pm
If one takes a stab at translating "Tilley speak" the word "allowances" probably means annuity. [read post]
10 Jan 2010, 8:56 am
There is a strict prohibition against insurance agents using the existence of state guaranty funds in any solicitation for insurance, including structured settlements which, when funded with an annuity, are a form of insurance. [read post]
9 Jan 2010, 10:11 am
The rights to structured settlements funded with annuities can in fact be transferred. [read post]
8 Jan 2010, 8:41 am
One structured annuity company told this author today that it WILL NOT accept money to fund a structured attorney fee with one of its annuities in which the projected total payout is less than the premium paid to the company. [read post]
6 Jan 2010, 10:12 pm
Some investors may choose to fund the original deal and then resell the structured settlement payment rights to someone else for a profit. [read post]
5 Jan 2010, 6:40 pm
The best one can do with an annuity funded structured settlement at this time is a fixed COLA. [read post]
4 Jan 2010, 11:30 am
Variable annuities are, simply, cash vehicles that offer the purchaser some tax advantages over CD's or mutual funds. [read post]
4 Jan 2010, 7:47 am
Approved lists of defense-loyal annuity brokers Comment:Absent a qualified settlement fund. a structured settlement transaction impacts the defense as well as the plaintiff. [read post]
