Category: Financial Literacy
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The IRS Structured Settlement Factoring Audit Technique Guide was revised in 2009 and 2020, but has disappered in 2025 without a trace. The guide contained useful information for someone who wants to know the basis for Structured Settlement Protection Acts and IRC 5891, a section often cited by settlement professionals.
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A business entity cannot suffer a personal injury within the meaning of IRC § 104(a)(2),. See P & X Markets, Inc. v. Commissioner, 106 T.C. 441 (1996), aff’d in unpublished order,Source: Lawsuits, Awards, and Settlements Audit Techniques Guide (Internal Revenue Service Rev.5/11/)
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Annuity Expert Advice purports to provide annuity expert advice. Unfortunately for consumers, shawn Plummer’s website continues to be laden with inaccuracies about structured settlements and cannot be relied upon to provide annuty expert advice on the subject in the state it was at time of publication.
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“Do I have to pay taxes on my structured settlement?” wonders the Orlando-based StructuredSettlements.com. The short answer? Usually not. Their barely-there explanation makes a cameo in the latest episode of What’s Wrong Wit Dat?
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In Private Letter Ruling PLR-119273-97, the IRS concluded that the lump sum received from the sale of structured settlement payment rights retained the same tax treatment that it was accorded prior to the structured settlement factoring transaction.
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SF Weekly claims to be “San Francisco’s smartest publication. They claim to “take journalism seriously”. Where does taking in money from paid sponsors, enabling them to unload more crap than on the streets of San Francisco, intersect with “serious journalism”?
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Blithering Peanut Pusher Award winners use misleading information to solicit consumers to sell their structured settlements for pennies on the dollar. In the interests of financial literacy, why not just get the correct information into the melons on your collective necks and disseminate correct info?
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If you want to learn about structured settlements does it make sense to learn from the stooge of the predator trying to eat them, leaving very little flesh on the bone of stable secure income?
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“Sellers of structured settlements have been asking why are discount rates for their cases so high when the Federally set interest rate is so low” says Genex Capital. It’s attempt to explain to answer is a toad stool for anyone relying on it to decide to sell structured settlement payments.