Structured Settlements by Patrick Farber

Structured Settlements by Patrick Farber Structured settlement & annuity advice for parties who must make their settlement last a lifetime. Patrick C. Government notes.

Farber - Pat Farber has 35 years of insurance experience with more than 30 years in the structured settlement field. Pat specializes in providing structured annuities for medical malpractice, personal injury, product liability, workers’ compensation, toxic torts, and construction defect cases as well as for non-physical injury cases and attorney fees. He participates in court hearings, arbitration

s and settlement conferences throughout California, the West Coast and in other areas of the United States. He has personally placed over $3.5 billion in annuity premiums and U.S.

Skyrocketing gas prices and sinking investment portfolios are taking a toll. Prices were already heading upward before t...
03/26/2026

Skyrocketing gas prices and sinking investment portfolios are taking a toll. Prices were already heading upward before the Iran war, but now, people are seeing a real hit to their pocketbooks. Those with structured settlement annuities are in a better position than others to weather the storm.

Structured settlement annuities provide guaranteed, tax-free income to injured individuals regardless of what the markets do or what’s happening overseas.

Funds within the annuity are backed by the financial strength of the issuing insurance company. These companies can only legally invest settlement funds in safe, government-backed investment vehicles, so holders know their money is secure.

Some structures include an inflation component. Annuity payments increase based on the inflation rate.

No one knows how long the current inflation and market volatility will last. For injured individuals who need to decide where to place their settlement proceeds, structured settlements are an attractive option to safeguard against current and future uncertainties.

For questions about structured settlements, please feel free to give me a call or contact me. https://patrickfarber.com/contact/










Alert

Attorneys Robert Wood and Alex Brown recently wrote an article on Qualified Settlement Funds (QSFs). Here are some of th...
03/25/2026

Attorneys Robert Wood and Alex Brown recently wrote an article on Qualified Settlement Funds (QSFs). Here are some of the highlights.

Defendants benefit from a QSF because they can deduct settlement payments immediately upon payment to the QSF, even if it takes years to actually settle the plaintiff’s dispute.

Plaintiffs benefit because when settlement funds are held in a QSF, plaintiffs then have time to plan how to eventually receive the funds (i.e., structured settlement, lump sum payout) without taking receipt of the funds for tax purposes.

QSFs are not required to be trusts, administrators are not required to be licensed trust companies, and QSFs do not need to be approved by and subject to the continuing supervision of a court of law. They can be those things, but they are not legally required.

QSFs do not take the place of structured settlements. A QSF is the vehicle used by the QSF administrator to purchase a structured settlement annuity. QSFs are temporary holding accounts for settlement funds until decisions are made on how the funds will be distributed.

Follow this link to read Robert and Alex’s article:
https://www.woodllp.com/Publications/Articles/TaxAlert/IRS_Rules_Give.pdf

For questions about QSFs and structured settlements, please feel free to give me a call or contact me.

The job site Indeed just released its Job Postings Index. As of October 31, the number of job postings was the lowest si...
12/23/2025

The job site Indeed just released its Job Postings Index. As of October 31, the number of job postings was the lowest since February 2021, down 6.5 percent from last year.

Amazon, UPS and Target recently announced layoffs that will total 60,000 this year.

Factors impacting the job market include decisions made in Washington, natural disasters, consumer shifts and, of course, companies quickly embracing AI as a way to cut costs.

More info here: https://patrickfarber.com/structured-settlements-alert/job-openings-decline-making-case-for-structured-settlement-income-security/

Legal complaints are already being filed after the devastating fires in Los Angeles and Ventura counties. Whether they w...
02/28/2025

Legal complaints are already being filed after the devastating fires in Los Angeles and Ventura counties. Whether they will go forward as individual claims or as class actions is undecided. What is certain is that plaintiffs and/or attorneys in these cases have the option to structure the settlements or attorney fees they may receive.

For more on how it works check out this page on my site.
https://patrickfarber.com/all/structuring-settlements-attorney-fees-fire-related-lawsuits/

Ten-year U.S. Treasury bond yields are the highest since April 2024, with some financial analysts expecting yields to re...
01/14/2025

Ten-year U.S. Treasury bond yields are the highest since April 2024, with some financial analysts expecting yields to reach 5 percent as inflation worries reappear. For personal injury claimants, the rate increase is good news.

Rising Rates And Annuities. The Federal Reserve had just started cutting interest rates after years of pushing them higher, but with new inflation fears, it may put the brakes on further cuts.

What does that mean for an injured party considering a structured settlement? Find out more at the link below.

https://patrickfarber.com/structured-settlements-alert/interest-rates-good-for-structured-settlements/

PTSD allegations often arise in personal injury cases. The question is: are damages awarded because of PTSD tax-free?Wit...
12/03/2024

PTSD allegations often arise in personal injury cases. The question is: are damages awarded because of PTSD tax-free?

With PTSD now being thought of as a physical injury instead of an emotional injury, its tax-free status would appear clear. Yet, a recent case involving PTSD damages found that a case’s litigation description and its legal framing were more important than whether PTSD was a physical or emotional injury.

Tax attorney Robert W. Wood recently wrote about the subtleties that come into play when the IRS is determining whether PTSD damages are excluded from taxation. He noted that physical injuries or sickness are excluded under IRS Code Section 104, but emotional distress is generally taxable.

More info here: https://patrickfarber.com/structured-settlements-alert/settlement-damages-ptsd-tax-free/

Patrick McNulty and I recently published a CAOC Forum article titled “Structuring Strategies Beyond Fees.”https://patric...
11/19/2024

Patrick McNulty and I recently published a CAOC Forum article titled “Structuring Strategies Beyond Fees.”

https://patrickfarber.com/wp-content/uploads/2024/06/Structuring-Strategies-Beyond-Fees-Farber-McNulty.pdf

In 1996, Childs v. Commissioner of the Internal Revenue Service supported the use of structures to defer the receipt of attorney fees. The same structuring strategies can be used when selling your law practice, business, or commercial or personal property. Money placed in an annuity is only taxed upon withdrawal, avoiding a big tax bite if the money is received all at once.

These types of structures could possibly be part of your overall financial strategy.

Please contact Patrick or me with any questions.

CAALA’s Annual Las Vegas Convention is coming up–August 29 through September 1 (over Labor Day weekend). We’re sponsorin...
05/23/2024

CAALA’s Annual Las Vegas Convention is coming up–August 29 through September 1 (over Labor Day weekend). We’re sponsoring the Thursday, August 29 “Island Vibes Welcome Party” that officially kicks off the conference. Be sure to stop by.

Team members Nick Schuetze, Jacqueline Godoy and Pat Farber are attending the convention. It will be a good opportunity for us to connect. We’re happy to discuss the latest structuring techniques for physical injury and non-injury cases and attorney fees.

To register, go to CAALA Vegas.
https://caalavegas.org/registration_info_fees.cfm

See you there,

Pat, Nick & Jacqueline
https://patrickfarber.com/all/join-us-caala-las-vegas-labor-day/

A college education has never been more expensive. There was hope that the introduction of a Free Application for Federa...
05/09/2024

A college education has never been more expensive. There was hope that the introduction of a Free Application for Federal Student Aid (FAFSA) would be a quick and easy way to apply for college grant money online. Unfortunately, that hasn’t been the case. FAFSA has been plagued by problems.

Follow the link below to read more about FAFSA and tips on how to successfully fill out an application.

https://patrickfarber.com/structured-settlements-alert/addressing-fafsa-challenges-paying-for-college-through-structured-settlements/

Last year, MetLife conducted a survey of employment lawyers to learn their views on structuring settlements. Here are th...
05/09/2024

Last year, MetLife conducted a survey of employment lawyers to learn their views on structuring settlements. Here are the highlights.

- Most employment lawsuits are settled out of court. Of those surveyed, 86 percent said that structured settlements can be a good negotiating tool and speed up claim resolution/settlement.

- 81% were concerned that clients would deplete a lump sum settlement award too quickly.

- Plaintiff attorneys always or sometimes encourage clients to meet with a tax attorney (86%) financial advisor (86%), certified public accountant (80%) and structured settlement brokers (73%) to discuss their settlement award.

- 86% of plaintiff attorneys say they should be the ones to make the structured settlement recommendation to the client. When recommended by the attorney, 89% say their clients have decided to structure their award.

The main reasons plaintiff attorneys recommend structures for their client according to the survey:

- Guaranteed payments,
- Allows some immediate cash with steady long-term payments,
- Won’t deplete the plaintiff’s award quickly,
- Increases the value of the settlement with guaranteed annual income to cover the loss of the plaintiff’s job; covers monthly expenses,
- Provides tax-efficient payments/reduces taxes.
- The entire survey results are here.

To review the numbers for a specific case or to discuss structured settlement benefits for employment cases including wrongful termination, wage disputes, harassment and discrimination, call me at 949-355-4726.

Address

895 Dove Street, Suite 300
Newport Beach, CA
92660

Telephone

+18007343910

Website

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