SETTLEMENT PLANNING CHECKLIST #9

Five Questions You Should
Ask Before Consulting a Settlement Planner

by Rick Bishop
Principal, Settlement Planners

It's not at all uncommon for the defense to argue to have their own structured settlement person managing the financial aspects of a settlement. Not surprisingly, these arrangements often favor the interest of the defense over the interest of the client – sometimes resulting in significant long-term liability for the plaintiff attorney.

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The following questions will help attorneys assess their own long term risk:

1. Have you failed to retain your own financial expert?
   
   
2. Are you neglecting Medicare Set Aside Accounts?
   
   
3. Are you releasing your client's medical records to defendants without consideration of HIPAA requirements?
   
   
4. Are you inviting taxable confidentiality clauses into settlement agreements?
   
   
5. Are you unaware of tax consequences in taxable damage cases?

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If you answered, "Yes" to any of these questions, give us a call to find out how we can help you and your client.

Call today. (800) 727-3885.

 

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The Settlement Checklist Series:

ITEM #1: THE LETTER OF ACKNOWLEDGEMENT >>>

ITEM #2 THE FULL MARKET SURVEY >>>

ITEM #3: HIPAA DISCLOSURE >>>

ITEM #4: UNDISCLOSED AFFINITY ARRANGEMENTS >>>

ITEM #5: GET THE FACTS ON MEDICARE SET ASIDES >>>

ITEM #6: THE ADVANTAGES OF STRUCTURED ATTORNEY FEES >>>

ITEM #7: BUSINESS AS USUAL... IS NO LONGER BUSINESS AS USUAL >>>

ITEM #8: SOLVING THE SETTLEMENT MAZE >>>

ITEM #9: Five Questions You Should Ask
Before Consulting a Settlement Planner >>>