A nationwide practice of helping
injury victims through their attorneys
Qualified Settlement Fund Services
Don't let defendants
and their insurers
dictate the financial
terms of the claim
settlement! -Dick Risk
We are prepared to assist you and your client in the resolution of your
case for purposes of creating a qualified settlement fund (QSF) and to
serve as its court-supervised administrator. Our services include:
- Reviewing the settlement agreement and release prepared by the
defense and providing essential changes to be made for tax
considerations
- Providing a notarized Settlement Trust Agreement
- Drafting a motion and order to establish the QSF
- Drafting the settlement agreement between the QSF and the
plaintiff
- Coordinating with the structured settlement producer who
prepares the qualified assignment(s) and its payment schedule
(addendum)
- Obtaining a federal tax identification number (EIN) and conducting
other communications with the IRS, as necessary
- Opening a fiduciary bank account for the deposit and investment of
settlement funds until they are distributed pursuant to court order
- Responding to questions by the plaintiff’s counsel and plaintiff
- Assisting the plaintiff’s counsel in developing strategies and
overcoming defense obstacles to settlement
- Preparing the motion and order to distribute assets of the QSF
- Filing federal and state income tax returns
- Providing other services, as appropriate. Our services do not
anticipate travel or making court appearances, although these are
negotiable and may require pro hac vice admission