New on Our YouTube Channel
Talking Trusts

Guest Expert Exposes the Fallacy of All-Cash Trust
Recommendations for Personal Injury Claims and Lawsuits.
April 22, 2021 - For a variety of reasons, personal injury claims and lawsuits often call for the use of a special purpose trust to help efficiently manage settlement proceeds once the parties achieve resolution. Especially on larger and more complex cases.

When deciding how best to meet the client's financial and future security income needs going forward, a common best practice is to combine the advantages of a trust with those afforded by tax-free structured settlements. Combining both proven settlement planning strategies maximizes the value proposition of each.

A Dangerous Trend

Lately, however, we've noticed a risky and irresponsible trend which alarms us. Some advisors now counsel their clients to forgo structured settlements altogether in favor of an all-cash trust.

With the seemingly endless bull market we've been experiencing for several years now, advisors appear to be disingenuously arguing that structured settlement rates are "too low" by comparison and therefore should be excluded from the trust planning conversation completely.

We decided to put this argument to the test to see if such a recommendation has any validity.

Meet Our Guest Expert
Christi L. Fried, NCG, MSSC brings nearly three decades of experience to her position as President of Continental Trust Services, LLC in Boston.

A Nationally Certified Guardian (NCG) and Licensed Fiduciary, Christi manages trusts for clients across the United States, many of whom have been catastrophically injured. As a former life insurance company Pricing Analyst, Account Manager, and Marketing Director, her perspective on the significance of combining structured settlements with trusts sets her apart from many of her peers who lack these invaluable insights. Add to this her undergraduate studies in Quantitative Business Analysis leading to a B.S. in Economics from Arizona State University and you have the makings of a professional uniquely qualified to help us compare the two methods of funding trusts we discussed recently in our YouTube conversation.

Click the thumbnail below to view "Talking Trusts on Our YouTube Channel.

Highlights of Our Conversation

ALL professionals involved in providing guidance to injured people in the throes of their post-injury settlement planning will want to check out this insightful conversation. Here are a couple of the more memorable themes we explore and questions we seek answers to during our 30-minute talk:

What legal obligation prevents a trustee from being able to match S&P market returns when the client has qualified special needs?

Do proprietary products drive decision making in all-cash trusts?

Which produces better returns: Structured settlements or bonds?

In an apples-to-apples comparison, does an all-cash trust consistently yield a significantly superior rate of return?

What is the ONLY way to guarantee income for life?

I hope you enjoy learning the truth about all-cash trusts when measured side-by-side against those funded with structured settlements in one non-hypothetical situation. Special thanks to Christi Fried whose insights into this timely topic cannot be understated.

And finally, in case you missed it, you might also wish to check out an article I wrote a few years back for Plaintiff magazine where we also dove into this topic:

Plaintiff (November, 2018), pp. 36-39
Thank you for the opportunity to be of service and best wishes to you for continued success in your personal and professional lives.

PS Got an idea for a future newsletter or YouTube Channel? Let us know! We'd love to hear from you.
Dan Finn, CPCU, MSSC™, RICP®
Master's Certified Structured Settlement Consultant
Retirement Income Certified Professional®

"Building lifetime client relationships!"
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