A few years ago, we published an article on market volatility and how structured settlements provide significant advantages over the uncertainty of the financial markets. Whether it be the [...]
Changing Course on Your MSA Submission Policy During the COVID-19 Crisis and the Role of Structures
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Since Medicare Set-Aside (MSA) submissions to Capital Bridge, CMS’ Workers’ Compensation Review Contractor (WCRC), are submitted via electronic portal and reviewed remotely, we have been told [...]
The coronavirus has thrown our daily routines into uncharted territory. Courts are closing, mediations are being cancelled, travel is limited and many are working from home. Despite these [...]
In the hunt for optimal settlements, injured individuals and their families are often tempted by the promise of big and immediate bounty. “Take the money and run” sure sounds good. But bagging a [...]
The future is always complicated by unexpected events. For injured individuals and the professionals responsible for safeguarding their financial security and stability, there’s one way to [...]
FALSE! Subject to state laws and especially when combined with Special Needs Trusts, structures are typically considered policies—not assets—when calculating AFDC, SSI, Medicaid and other [...]
A budding entrepreneur comes up with an innovative approach to the problem of candy disbursement. After all, Halloween stockpiles never last. Chocolate Easter eggs are subject to forfeiture by [...]
Not at all. Structures are just one part of a complete financial plan. Settlements can—and probably should—always include up-front cash, timed lump sums for big life events (like [...]
MISCONCEPTION #6: “I’m better off taking a lump sum and putting it in a bank or investment account.”
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Don’t take the bait! A structure is a safer and more beneficial option than depositing a lump sum anywhere.
- Structures are the ONLY tax-free [...]
In our continuing Let’s Settle This! series, Chronovo highlights the difference between a pyramid and a pile of sand in the desert. It’s like the contrast between a structure and a lump sum at [...]
