Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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- Structured Settlement Collection Agency in Henderson, Nevada Is Still Not a Structured Settlement — Now Nevada Law Makes That Clear
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Category: Minneapolis Structured Settlements
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by John Darer CLU ChFC MSSC CeFT RSP CLTC 1099-Misc Overview This post explains When Box 3 Applies What is Box 3? Box 3 on Form 1099‑MISC is labeled Other Income and is used to report payments that do not fit into the form’s other specific boxes. Settlement administrators and defendants sometimes report the entire…
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The measure was approved unanimously in the MN Senate and by a 121-4 vote in the MN House of Representatives showing how impactful last Fall’s scathing 4-part report in the Minneapolis Star Tribune in opening the eyes of lawmakers to the fulminating abuse of Minnesota citizens.
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A bill has been introduced to add more teeth to the Minnesota Structured Settlement Protection Act, including unprecedented provisions that address conduct of structured settlement factoring companies’ and their representatives have been observed in Minnesota and across the USA.
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Star Tribune found that “judges are often hampered by doubts and vague laws”. There is no licensing standard or regulator of sales practices in any state, unlike other financial services. There is no regulator with the deterrent power to fine, suspend or revoke licenses of bad actors in settlement buyouts.
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When a structured settlement is established, the defendant (or in most cases the defendant’s insurer, pays 100% of its cost of settlement and is completely released from the claims alleged by the plaintiff in the claim or lawsuit complaint.
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Post settlement underwriting, is a virtual impossibility in states like NY, FL, MA and MN, whose statutes mandates a disclosure of cost to be made by the Defendant or Defendant’s legal representative at the time structured settlement is negotiated (See New York General Obligations Law §5-1702 .
