Attorney Fee Deferral Strategies
Plaintiff attorneys have the unique ability to place all or a portion of their contingency fees in several types of tax-advantaged investments. By electing to defer fees, an attorney also defers the tax obligation until the year in which payments are received. Attorneys can choose to defer fees regardless of whether the claimant structures his […]
Structured Settlement Annuities
What is a Structured Settlement? A structured settlement annuity (“structured settlement”) allows a claimant to receive all or a portion of a personal injury, wrongful death, or workers’ compensation settlement in a series of income tax-free periodic payments. Structured settlements may also be used in non-physical injury settlements so that our clients may receive tax-deferred […]
Attorney Services
Kaas Settlement Consultants apply a meticulous and comprehensive approach to every case. We educate clients on their settlement options and can attend mediations to help ensure settlement decisions are thoroughly evaluated, properly documented, and aligned with the client’s long-term financial needs. We are also proud to offer the most innovative options for attorney fee deferrals […]
Financial Transitions
A sudden flow of money can be more stressful than people think, regardless of whether the money resulted from a positive situation, such as winning the lottery, or a negative situation, such as a death in the family, a catastrophic physical incident or the loss of a job because of employment litigation. Many find it […]
Government Benefit Preservation
Claimants have much to consider regarding the financial implications of their settlements. Eligibility for government benefits is one of the most important issues many claimants must resolve. Eligibility for Government Benefits Needs-based government benefit programs use income and asset tests to determine eligibility. In most states, assets as low as $2,000 ($3,000 if married) are […]
Lien Resolution
Unresolved liens are the most common reason for a delay or disruption in settlement disbursement. Furthermore, failure to resolve liens may jeopardize settlement funds and result in severe penalties. We work closely with reputable lien resolution experts who streamline the process of identifying and resolving liens. Common Types of Liens Medicare Liens: Medicare Secondary Payer laws […]
Market-Based Structured Settlements
Kaas Settlement Consulting is committed to providing plaintiff attorneys and their clients with innovative financial solutions. To that end, we work with reputable partners to provide market-based structured settlements as an alternative to life insurance-based structured settlement programs. Why Choose a Market-Based Structured Settlement? Many claimants and attorneys find that market-based structured settlements provide the […]
Non-Qualified Structured Settlements
Certain types of settlements do not qualify for income tax exclusion via a traditional structured settlement annuity. Fortunately, a non-qualified structured settlement annuity offers guaranteed* tax-deferred payments for a wide range of cases. Non-Qualified Assignment Non-qualified structured settlements are those that do not qualify for income tax exclusion under Section 104 of the Internal Revenue Code. […]
Qualified Settlement Funds (468B Trusts)
A Qualified Settlement Fund (QSF), also referred to as a 468B Trust, is an exceptionally useful settlement tool that allows time to properly resolve mass tort litigation and other cases involving multiple claimants. When a QSF is created and funded, the defendant makes a payment into the trust account in exchange for a full release […]
Trust Services
It may be appropriate for a claimant to place all or a portion of his or her settlement proceeds in a trust. There are many different types of trusts to consider, each with its own set of requirements. Kaas Settlement Consulting offers assistance with every step of establishing and managing a trust, from providing access […]