QUALIFIED SETTLEMENT FUNDS (468B TRUSTS)
A Qualified Settlement Fund (QSF), also referred to as a 468B Trust, is an exceptionally useful settlement tool that allows time to properly resolve complex claims. When a QSF is created and funded, the defendant makes a payment into the trust account in exchange for a full release of all claims.
Qualified Settlement Funds: Benefits for Both Sides
In addition to the release of liability, the defendant is eligible to receive an immediate tax deduction for the payment. In the meantime, claimants gain the time they need to receive a proper settlement consultation and to determine their best settlement options.
The additional time also allows for lien resolution and the preparation of required documentation without the time pressures of litigation.
Ensure your settlement is handled with efficiency, compliance, and care. Contact Sage Settlement Consulting today to set up your Qualified Settlement Fund.
Qualified Settlement Fund Services
Sage Settlement Consulting provides qualified settlement fund administration services, including:
- Preparing all motions, court orders, and documents needed to establish and administer the fund
- Generating client closing statements and providing accounting for the fund
- Disbursement of all claimant payments, including directing funding of Special Needs Trusts and/or structured settlements
- Live call center assistance
- Attorney fee and expense disbursement
- Executing qualified assignments
- Managing payment of finalized liens
- Printed educational materials for claimants
- National bankruptcy and probate coordination
- Fraud protection/check validity verification
- Daily account reconciliation, monthly financial accounting, and reporting
- Treasury management and investment of funds within the QSF
- Tax return filings and 1099 issuance
- Access to local elder law and probate attorneys across the country
- Closing of the fund and interest reconciliation
How a QSF Works
- Settlement Agreement Reached – The defendant agrees to settle the case, and the court approves the creation of a QSF.
- Defendant Transfers Funds – Settlement funds are deposited into the QSF, releasing the defendant from liability.
- Claims Are Processed – Attorneys, financial advisors, and settlement administrators review claims and determine payouts.
- Payments Are Distributed – Funds are allocated to claimants, attorneys, and any structured settlements.
Streamlined Settlement Solutions Tailored to Your Needs
At Sage Settlement Consulting, we understand that each case is unique, which is why we offer customized solutions to meet the specific requirements of your settlement. Our experienced team will work closely with you to tailor a Qualified Settlement Fund that aligns with your case's complexities and the needs of all stakeholders involved.
With our streamlined approach, you can expect:
- Personalized Consultation: We take the time to understand your situation and provide expert advice tailored to your unique circumstances.
- Efficient Processes: Our team utilizes best practices and advanced technology to ensure a quick and smooth setup for your Qualified Settlement Fund.
- Ongoing Support: From inception to distribution, our dedicated staff is here to assist you at every step of the way, ensuring clarity and confidence throughout the process.
- Transparent Reporting: You'll have access to regular updates and detailed reports regarding fund activity, so you're always informed about your settlement's status.
Choosing Sage Settlement Consulting means partnering with a team that is committed to providing not just quality service, but also peace of mind. With our dedication to your success, you can navigate the complexities of settlement funds with assurance and ease.
Why Work with Sage Settlement Consulting?
At Sage Settlement Consulting, we specialize in managing Qualified Settlement Funds, ensuring that both attorneys and plaintiffs maximize financial benefits while reducing administrative burdens. Our services include:
✔ QSF Setup & Compliance – We establish and manage QSFs in full compliance with IRS regulations and court requirements.
✔ Tax-Efficient Payout Planning – We work with plaintiffs to create structured settlements and minimize tax exposure.
✔ Attorney Fee Structuring – We help attorneys defer income for tax benefits and financial planning.
✔ Government Benefit Protection – We structure distributions to help claimants maintain Medicaid and SSDI eligibility.
For more information about Qualified Settlement Funds, contact us online today or call us at (855) 288-7243.
FAQs: Qualified Settlement Fund
Who benefits from a Qualified Settlement Fund?
Both plaintiffs and attorneys benefit. Plaintiffs get controlled, tax-efficient payouts, while attorneys can manage fees and reduce immediate tax liabilities.
How long can settlement funds remain in a QSF?
There is no set time limit, but the goal is to distribute funds efficiently while optimizing tax and financial planning for claimants.
Does using a QSF delay payments to plaintiffs?
No, a QSF actually helps speed up the distribution process while allowing customized payout options for claimants.
How do I set up a QSF for my case?
At Sage Settlement Consulting, we handle the entire QSF setup process, ensuring compliance and efficient management. Contact us for a consultation.
See What clients Are Saying
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“- Marcus J. Bradley, Marlin & Saltzman
I worked with Lance Harris for the first time in 2013. Lance and his assistant were fantastic. They made the [structured settlement] process very easy and provided me with all of the documentation I needed to get the petition for the minor's comp
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“- Kurt Arnold, Partner & Co-Founder, Arnold & Itkin LLP
I have worked with Scott Freeman since the days my firm opened the doors over a decade ago. I trust Scott to ensure my clients' needs are always met both now and into the future. The most impressive thing with Scott is that he finds a way to keep in tou
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You certainly have made your case that it is vital for me to have you at mediation to get the numbers that are best for my client. Thanks for all your hard work on this case.
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“- Attorney Richard M. Kenny
From my perspective, structuring a portion of my fee out of the settlement proceeds of the case we worked together on several years ago was the smartest move I ever made. With Mitch Kobil's help, I put together a financial plan that provided my three ch
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“- Brian Panish, Panish, Shea & Boyle, LLP | Los Angeles, CA
They are ardent supporters of the plaintiff bar community, and we consider them an integral part of our team.
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“- Mitchell Proner, Proner & Proner | New York City, NY
Christina is a caring, hard-working, and knowledgeable professional. She is meticulous about the details to protect my clients' futures. I would highly recommend her to anybody in need of an experienced settlement planner.
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“- Lawrence M. Kelly, Luxenberg Garbett Kelly & George | New Castle, PA
Any time that I'm in need of a structured settlement proposal for one of my clients George Audi is my first call. George and his staff provide the needed information and settlement options in a prompt and professional manner. George is also a valuable s
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