by John Darer CLU ChFC MSSC RSP CLTC
The Prudential Insurance Company of America announced that it will would no longer accept multiple payees on a qualified assignment effective November 1, 2013.
Some practitioners cram several payees into a single qualified assignment for administrative convenience. On April 27, 2011 I wrote
Qualified Assignments, Is Your Structured Settlement Advisor Balancing Convenience at the Expense of Privacy? The post addresses some of the issues with a single qualified assignment with multiple payees.
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