Settlement Options for Minors: Case Examples

When handling a minor’s case, contact Traci Kaas early in the process to explore the settlement options. Courts favor a conservative approach that protects the funds until the minor reaches the age of majority. Because a minor cannot own an investment, traditional financial vehicles such as 529 plans and mutual fund accounts are off the […]

Can A Structured Settlement Benefit Claimants of All Ages?

Claimants who will be receiving settlement awards may have questions and concerns about their finances and the well-being of their families.   Whether a claimant is just starting out in life, is an adult with a family of their own, or has been retired for years, each has a unique set of needs. Utilizing a carefully […]

Expedited Compromise Petitions: An Underused Tool to Save Time and Money

A settlement involving a minor or disabled adult can be particularly stressful for a family who wants a quick resolution once an agreement is reached.  With the courts still overloaded, it can take months for the compromise hearing to take place, adding delays for both the client and the attorney. Many attorneys are missing out […]

Don’t Fall for These 6 Structured Settlement Myths

  Structured settlements provide claimants involved in certain types of cases with a valuable tool for financial stability. Unfortunately, there are a number of myths that may prevent claimants from considering this approach or worse, may prevent their attorneys from even recommending a structured settlement in the first place. MYTH #1: Only minors, disabled adults, […]

Settling a Minor’s Case? Know Your Client’s Options

  If your client is a minor receiving a settlement, you know that the financial decisions made now can have a long-term impact on your client’s financial future and quality of care. What you may not be aware of are the various investment options available for a minor’s settlement, as each state has different guidelines […]