A 468B Qualified Settlement Fund (QSF) can be a valuable plaintiff strategy for preserving a plaintiff’s rights to select a structured settlement and for protecting public benefit eligibility. A QSF allows plaintiffs to obtain control of settlement planning decisions. Defendants deposit settlement funds into the QSF. While the settlement funds earn interest in the QSF, plaintiffs and their advisors can design a settlement plan and negotiate liens. The QSF avoids issues with constructive receipt which could trigger a loss of public benefits. While the settlement funds reside in the QSF, a structured settlement or a public benefit preservation trust can be established for the settlement recipient.
Hospital "Liens" vs. "Debts": A Distinction With a BIG Difference Third Thursday Webinar Series
Join Director of Synergy Medical Bill Clinic, Michael Walrath, Esq. as he delves into the differences between “direct provider liens” and mere “medical debts.” In this webinar, he will describe how and why these important distinctions impact the lien resolution process and expected outcomes, while also dictating the various ethical and legal exposures faced by Plaintiffs’ Lawyers, post-settlement. A 15 minute Q&A will follow the presentation.
