Frequently Asked Questions Regarding Special Funds

Are there any advantages to settling my case using an IRC Section 468(b) Qualified Settlement Fund rather than the traditional method?

An IRC Section 468(b) Qualified Settlement Fund (QSF) can prove useful in those cases where there are more than one claim to be settled or where the defense refuses to cooperate in establishing a regular structured settlement. In the QSF, the settlement funds are paid into a fund managed by a professional administrator under a court order. The funds are then used to pay all costs such as attorney fees and also to purchase a tax free annuity that can provide future periodic payments to the claimants or to just one of them. As soon as the funding has been paid out then the court will terminate the fund.

Are Structured Settlements Available under the September 11 Victims Compensation Act?