Non-Qualified Assignments

Non-Qualified Assignment of Annuities

Previously, defendants were constrained by the limitation of Internal Revenue Section Code 130 as to what they could assign (limited to personal physical injury torts and Workers Compensation claims filed after 8/5/97).

Using a non-qualified assignment, defendants can take advantage of structured settlements to resolve:

♦ Pre and post 8/5/97 Workers' Compensation

♦ Non-physical injuries

♦ Employment litigation/Wrongful termination

♦ Construction defect

♦ Environmental litigation

♦ Punitive damage awards

♦ Attorney fees

♦ Property disputes

♦ E&O, D&O and many other types of claims