You could say that the Captains and NCOs from FORGE Consulting need to go back to flight school. 
Check this out…
FORGE Consulting says: "FORGE is a champion of the Qualified Settlement Fund (QSF), a valuable tool for plaintiffs, which holds their settlements tax-free, giving them time to make what is likely the most important financial decision of their lives." Forge Consulting, LLC pearl of "wisdom" on its website.
FACT: Earnings on settlement money that is held in a Qualified Settlement Fund (QSF) is taxed at the MAXIMUM FEDERAL TAX RATE, without the use of any of the lower tax brackets.
(b) Taxation of designated settlement fund
(1) In general
There is imposed on the gross income of any designated settlement fund for any taxable year a tax at a rate equal to the maximum rate in effect for such taxable year under section 1 (e).
(g) Clarification of taxation of certain funds
Nothing in any provision of law shall be construed as providing that an escrow account, settlement fund, or similar fund is not subject to current income tax. The Secretary shall prescribe regulations providing for the taxation of any such account or fund whether as a grantor trust or otherwise.
- Have you put large amounts of money into a QSF with FORGE Consulting based on the FORGE CONSULTING representation that the settlement is held tax free in the QSF?
- And THESE are the guys that Presidential candidate John Edwards supposedly gives his "highest recommendation"?
More information about the Qualified Settlement Fund as a settlement resolution tool here
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