by John Darer
According to clandestine sources that I've worked closely with, a major change is expected to be announced regarding a new type of structured settlement. Perhaps spurred by the slow recovery, the structured settlement innovators have found a way to allow steady paychecks to be viewed as a type of taxable structure. Regulatory changes are forthcoming. Income received will be handled by the designated annuity issuer. Looking to shake up business, it can be expected that other companies will follow suit.
For example, local banks looking to extend their services are already completing test applications. Other financial institutions are expected to dip into the pool later. Only time can tell if this new approach will have the desired effect on EBITDA. Luckily "mover one" has dug in and expects to have a jump on the competition.
Take the first letter from each sentence…
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