by Structured Settlement Watchdog®
Colorado Springs attorney Jim Flynn’s “Structured Settlement Not always Best Option” is a “Rocky Mountain Oyster”. Flynn, who runs a column in The Gazette called Money and The Law lists fly fishing as a hobby but had to know his present value “fish” doesn’t fly.
4. Let’s fly cast a few more if say we were to use Flynn’s “thumb in the wind” discount rate as “bait”…here’s what we “catch”
15% bracket PV
$507,831.54
28% bracket PV
$520,387.44
5. Then Flynn goes off on a tangent and talks about time value of money and factoring
Flynn’s writing style in this article is more typical of a pay per post writer rather than a money or legal expert. He should have researched his subject better, articulated it like the lawyer he is and been more comprehensive instead of cramming so much disparate crap in his work like a bear getting ready to hibernate.
I’m done.
But Peter Arnold, Number 2, (you can call him #2) for the NSSTA has come out swinging with the oddly titled “Rocky Mountain High” but well written watchdog piece that might be more aptly titled “”Huckleberry Flynn by Tom Lawyer”. The structured settlement watchdog is proud of Peter Arnold for joining the “Charge of the Right Brigade”. Peter, this song’s for you…
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