468B Qualified Settlement Fund Advisement

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.

TESTIMONIALS

"In my business as a plaintiff’s products liability lawyer, everything begins and ends with our clients. In our firm we never handle a significant case without the assistance of Synergy. Why? Very simple: we trust Synergy with our clients. Yes, Synergy only works with plaintiffs. And yes, they are highly technically proficient and know this business cold. But what makes them different from others is that they listen to our clients, make our clients comfortable with complex issues, and always put the interests of the client first. In my opinion, because of their unique ability to handle people with sincerity and compassion in their time of crisis, they stand head and shoulders above his competition."

Richard Newsome
Newsome Law Firm, Past President of Florida Justice Association

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