| TRUSTS |
SYMBOL |
PRIMARY
FEATURE |
BEST
USE |
| •Settlement
Preservation Trust |
SPT
|
Spendthrift
protected taxable or tax-free payments plus liquidity and flexibility |
When
the timing and/or amount of one's future financial needs are
unpredictable or event contingent |
| •Special
Needs Trust |
SNT
|
Preserves
S.S.I. & Medicaid eligibility |
To
prevent losing S.S.I. & Medicaid benefits |
| •Irrevocable
Insurance Trust |
IIT
|
Creates
tax and probate free funds to pay estate taxes |
In
large cases when estate taxes are an issue |
| •Medical
Reversionary Trust |
MRT
|
Following
plaintiff's death, unused medical expense funds return to defendant |
To
limit payment for medical expenses to those that are actually
incurred |
| •Medical
Set-Aside Trust |
MSAT
|
Protects
Medicare's interest in work-related cases |
When
Medicare compliance is required |
| SINGLE
PURPOSE TRUSTS |
SYMBOL |
PRIMARY
FEATURE |
BEST
USE |
| •Medical
Trust |
MT
|
Protects
settlement proceeds needed to pay future medical expenses |
When
future medical expenses cannot be scheduled with certainty |
| •Education
Trust |
ET
|
Protects
settlement proceeds needed to pay future education |
When
future education plans are unpredictable |
| •Income
Trust |
IT
|
Protects
settlement proceeds needed to replace lost future earnings |
When
a plaintiff's future earnings ability is severely diminished
or nonexistent |
|
FUNDS
|
SYMBOL
|
PRIMARY
FEATURE
|
BEST
USE
|
| •468B-Qualified
Settlement Fund |
QSF
|
Plaintiff
attorney decides how settlement proceeds are distributed |
For
any reason when control of the settlement distribution is desired |
| •468B-Designated
Settlement Fund |
DSF
|
Plaintiff
attorney decides how settlement proceeds are distributed |
For
any reason when control of the settlement distribution is desired |
|
STRUCTURES
|
SYMBOL
|
PRIMARY
FEATURE
|
BEST
USE
|
| •Blended
Structures |
BLSS
|
Add
liquidity and flexibility to periodic payment schedules |
When
a plaintiff has two needs, one certain and one uncertain |
| •Split
Funded Structures |
SFSS
|
Enhances
annuity structure safety |
When
reduced default risk is desirable |
| •Single
Annuity Structures |
SAS
|
Spendthrift
protected, tax-free payments |
When
the amount and timing of future needs are highly predictable
and/or the plaintiff's tax rate is moderate to high |
| •U.S.
Treasury Structures |
USTSS
|
Maximum
assurance payments will be made |
When
zero default risk is demanded |
| •Variable
Annuity Structures |
VA
|
Upside
return potential |
When
enhanced returns are desired |
|
OTHER
|
SYMBOL
|
PRIMARY
FEATURE
|
BEST
USE
|
| •Assumption
Reinsurance |
AR
|
Reduced
taxes on periodic payments |
Non-qualified
cases when defendant is a casualty insurer |
| •Deferred
Compensation Trust |
DCT
|
Reduced
taxes on periodic payments |
Non-qualified
cases for self-insured defendants |
