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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 mass tort litigation and other cases involving multiple claimants. 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. Claimants without any outstanding issues will not have to wait for their co-claimants’ issues to be resolved in order to receive their settlement distribution.

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

For more information about Qualified Settlement Funds, contact us today.

What Our Clients Are Saying

  • "Their team of skilled consultants and corporate staff is extremely knowledgeable and a pleasure to work with. I highly recommend them to my clients and colleagues."

    - Chet W. Kern, Edelman & Edelman

    New York, NY
  • "They are ardent supporters of the plaintiff bar community, and we consider them an integral part of our team."

    - Brian Panish, Panish, Shea & Boyle, LLP

    Los Angeles, CA
  • "They are competent, experienced and most importantly extremely adept at dealing with the most important person -- the client."

    - Tommy Fibich, Partner, Fibich, Leebron, Copeland & Briggs, LLP

    Houston, TX
  • "Need the BEST? Look no further than Susan Gleason!"

    - Paige W., Claimant

  • "Glad I met Susan and have Sage’s contact info for the future."

    - Geri Flynn, Attorney | Chris Parks Law

  • "Lynzee Hill really helped me breeze through this!"

    - G.D.

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