Client ALERT An anticipated IRS Revenue Ruling on IRC
Sect. 468(B) cases and structured settlements is expected to provide clarification
for individual personal injury and single family plaintiff cases. Whatever
the outcome of the ruling, Creative Capital is prepared to work with you
to insure full compliance with the tax code on all of your cases.
If you think that structured settlements are
just for personal injury cases, have we got news for you! Click here to find
out how you can now use structures in a wide range of taxable situations.
New York Enacts
Structured Settlement Protection Act New York has joined other states to safeguard the
interests of plaintiffs when factoring companies seek to purchase their
structured settlements in exchange for lump-sum payments. According to
Assemblyman Mark Weprin, plaintiffs are deprived of the long-term security
that structured settlements are designed to provide.
Appellate Court Finds Need for CORA Disclosure Rebating in Structured Settlements Declared Actionable CCI's long-held position on the rebating issue is no
longer a "lone voice" for the Structured Settlement industry.