Five Questions You Should Ask Before Consulting a Settlement Planner

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.

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

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

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