Skip to main content

Popular posts from this blog

ATV Accident

We were recently engaged on a case by one of our plaintiff attorney clients.  The case involved a young lady who was severely injured in an ATV accident when she was in high school.  She is currently 19 years old. There was a facilitation in the case where she was presented with structured settlement proposals by the defendant insurer's structured settlement broker.  These proposals only confused the young lady because they had nothing to do with her actual goals and financial needs.  We met with her and her mother at their home and crafted a customized financial plan that included both structured settlement annuity and other investment vehicles to secure both her short and long term financial needs.  We were very happy to be able to help  this young lady and her family by taking some of the confusion and worry out of her future!

www.whitehousellc.com

CMS MAKES MAJOR ANNOUNCEMENT IN LIABILITY AND NO-FAULT CASES!

Are You and Your Clients Compliant?
Thismonth CMS publishedMatter#MM9893,datedFebruary3,2017with an effectivedate of October1,2017,relatingtothe implementationofLiabilityMSAs (“LMSA”)and NoFault MSAs (“NFMSA”).
TheNoticestatesthatin orderto complywiththeGovernmentAccountabilityOffice ("GAO") finalreporton theMedicareSecondaryPayer(“MSP”)Programtoimpr

DON'T LET THIS HAPPEN TO YOUR CLIENT!!!

This week I was contacted by the father of a young man, let’s call the young man Joe who is age 20.  Joe had suffered a traumatic brain injury as the result of an auto accident and had received a settlement of $50,000.  Joe’s father was concerned because Joe had already blown through half his settlement in a month due to his discovery of cocaine, which some new “friends” he was spending a lot of time with introduced him to.
Joe’s father had heard of something called a Structured Settlement, which he thought may help preserve the remainder of Joe’s settlement from being squandered.  Structured Settlements are a financial vehicle which have been around since the 1980’s that facilitate receiving a legal settlement with interest income tax free over time and can sometimes have benefits over receiving the settlement all at once in a lump sum, as in this case.
Joe’s father contacted me because my firm, White House Settlement Consulting that I founded in 2001, has been helping injury victi…