NSSTA Blog

NSSTA Blog

Protecting the Income Tax-Free Status of Structured Settlements

Submitted by Abbey Hudson on Fri, 04/07/2017 - 16:30

One of the topics that Eric Vaughn will be addressing at the 2017 NSSTA Annual Conference is tax reform. President Trump and other elected leaders have made it clear that tax reform is the top priority on their legislative agenda. It’s important that all NSSTA members are aware of the potential implications of tax reform, as well as the legislative process that will determine how and why changes are made.

Strategic Partnership Highlight - National Brain Tumor Society

Submitted by Abbey Hudson on Fri, 02/24/2017 - 01:37

The mission of the NSSTA membership is to promote the use of structured settlements as part of a comprehensive settlement plan. In doing so, we help provide financial security and long-term stability for injury victims and their families. It’s important for us to remember that financial planning is just one step in the process to help injury victims get back on their feet. There are numerous organizations that support and promote the needs of our claimants in other ways – through legislative initiatives, research funding and advocacy regarding specific illness and injury.

2017 NSSTA Annual Conference

Submitted by Abbey Hudson on Tue, 02/07/2017 - 18:03

The 2017 NSSTA Annual Conference is scheduled for April 19-21, at the Fairmont Hotel in San Francisco, CA. We encourage all members available during those dates to attend – not only is this the largest NSSTA meeting of the year, but the meeting will include CE & CLE credit opportunities, the 7th Annual Bill Tocchi Memorial Golf Tournament, a reception honoring past presidents of NSSTA, committee meetings and Board of Director elections.

Tax Reform in 2017

Submitted by Abbey Hudson on Thu, 01/26/2017 - 17:17

Last week, Donald Trump was inaugurated and began his term as the 45th President of the United States. Republicans hold the majority in both the House and Senate. Both President Trump and leaders in Congress have raised the possibility of major tax reform legislation. Even Treasury nominee Steven Mnuchin brought up tax and IRS reform in his confirmation hearings last week.

Get Involved with NSSTA in 2017!

Submitted by Abbey Hudson on Fri, 01/06/2017 - 23:01

In 2017, we encourage all of our members to resolve to be more involved with NSSTA. This year, and every year since 1985, our mission is to promote the establishment and preservation of structured settlements in order to provide long-term financial security to personal injury claimants and their families through periodic payment of compensation. We achieve these goals through public advocacy, legislative action, and educational programs. As a NSSTA member, we hope you will consider joining us – below are a few ways that members can help.

Recent Special Needs Trust Legislation Benefits Claimants With Disabilities

Submitted by Abbey Hudson on Fri, 12/30/2016 - 17:49

On December 13, President Obama signed a healthcare spending bill called the 21st Century CURES Act. This new law included a provision supported by NSSTA that allows individuals to set up their own special needs trusts. This small change to the Social Security Act enables a person to petition the court to establish a special needs trust without an outside trustee. Under the previous law, only the court or a legal guardian could establish a special needs trust.

Structured Settlements in the Media

Submitted by Abbey Hudson on Fri, 12/09/2016 - 15:13

Taking back our brand is one of the top priorities for NSSTA and for our members. We all know that when people hear the term “structured settlements” they think about catchy jingles from cash-now pushers or the stories they’ve heard about predatory factoring and the negative effects those transactions can have on injury victims and their families. One of our goals is to identify the challenges we face when it comes to structured settlements in the media and to identify opportunities to educate the public.