02 Feb What’s a Structured Settlement?
An explanation of structured settlements, including payments and tax code provisions, from Forbes....
An explanation of structured settlements, including payments and tax code provisions, from Forbes....
Structured settlements were once limited to personal injury cases but have expanded to include employment and family law cases. The Los Angeles Daily Journal provides a summary of structured settlement mechanics and tax considerations....
Structured settlements and assignments are commonly used in physical injury cases when the recoveries are excludible from income, but can also be very helpful in nonphysical injury suits. Wood LLP explains how such arrangements work....
M&A Tax Report explores modified installment structure considerations for founders....
Tax Practice and Accounting News explains the history of and processes involved in installment sales....
Installment sales offer often-overlooked advantages, summarized by Tax Management Real Estate Journal....
A structured sale is a type of installment sale that provides the seller with a guaranteed payment stream from an assignment company. This Wood & Porter article explains how a structured sale works, as well as its tax implications....
Warren Buffett, chairman and CEO of Berkshire Hathaway, strongly endorses structured settlements. His comments were provided to the National Structured Settlements Trade Association (NSSTA). Buffett has been an ardent proponent of structured settlements for decades. He’s grown Berkshire Hathaway into one of the largest structured settlement annuity...
A 2005 U.S. Supreme Court ruling established that in certain types of contingency fee arrangement cases, the attorney fee portion of the recovery must be included in the Plaintiff’s gross income. Including the attorney portion of the recovery in gross income, without a corresponding deduction, results...