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1 Dec 2009, 1:41 pm
We are reposting this as a reminder to those who have or are contemplating structured settlement annuities funded with a John Hancock annuity product. [read post]
1 Dec 2009, 5:52 am
PT wasn't exactly a major player in the Ohio Long Term Care insurance market, but this case illustrates the value of state guaranty funds. [read post]
24 Nov 2009, 11:36 am
We never do this at Sovereign Funding," said Springer. [read post]
20 Nov 2009, 9:06 am
Wentworth bankruptcy - what it means for traditional secondary market business models; Primary market departures - why leading structured settlement annuity providers continue to leave the market; Diminishing annuity sales - why structured settlement annuity sales are down when fixed annuity sales generally are way up; Spencer v. [read post]
18 Nov 2009, 9:32 pm
In most cases, the defendant then transfers the responsibility to a "qualified assignment," which funds the damage payments with an annuity". [read post]
16 Nov 2009, 4:39 pm
Structured Settlement Bankruptcies - Bruce Akerly summarized his recent paper titled "The Impact of an Annuity Servicer's Bankruptcy on the Annuitant and Structured Settlement Purchaser". [read post]
16 Nov 2009, 8:47 am
A desperate need by plaintiffs to reduce debt and pay off bills eliminating funds that would previously be allocated to structures. [read post]
14 Nov 2009, 11:46 am
Fact: Structured settlement are not "basically people buying annuities at a discount". [read post]
13 Nov 2009, 5:46 am
The Treasury Regulations contain exceptions to this rule, for example, lump-sum payments are allowed if the Plan is sufficiently funded, but those exceptions do not apply here. [read post]
9 Nov 2009, 6:26 am
Some of the settlement funds were placed with legitimate trust companies and funded with bonds. [read post]
3 Nov 2009, 11:53 pm
FACT: An active life insurance license and appointment is required to place structured settlements funded with annuities. [read post]
2 Nov 2009, 4:00 am
The only stipulation is that the value of the annuity amount must be ascertainable at the time the trust is funded. [read post]
31 Oct 2009, 5:01 am
This law applies to any 401(k), pension, Individual Retirement Account (IRA), annuity, or Deferred Retirement Option Program right (DROP) that is acquired or accrues during the course of the marriage. [read post]
30 Oct 2009, 11:41 am
I recall making a marketing call in late 1994 to a European insurer which had to make up shortfall on an unassigned Executive Life annuity emanating from the Air Florida air crash of January 13, 1982. [read post]
30 Oct 2009, 8:29 am
Michael Alfred Thome of Folsom, California, a former broker with TD Ameritrade, was ordered to pay $402,137.50 plus interest as restitution for the misappropriation of funds from a customer who thought they were investing in a real estate partnership. [read post]
28 Oct 2009, 8:43 am
Until 3rd quarter 2008, Hartford Life was one of the leading and most competitive structured settlement annuity markets. [read post]
27 Oct 2009, 2:39 pm
Nebraska Court of Appeals finding plain error, revises QDRO to require wife to receive half of husband's state patrol retirement plan based either upon his choice of a refund or annuity, the marital share of the patrol retirement fund is that share of the fund that the time of the marriage divided by total service represents. [read post]
24 Oct 2009, 2:50 pm
More to follow on McCoy's presentation on the Increasing Payment Charitable Lead Annuity Trust. [read post]
21 Oct 2009, 2:54 pm
Is the person's will or trust up to date and fully funded? [read post]
20 Oct 2009, 5:00 pm
It helps replace part of the $3.8 million in funds for these programs cut by Governor Schwarzenegger in 2008. [read post]
