Disability Law

Settlement Consulting - 2

By Patrick Hindert

In a prior post ("Settlement Consulting"), S2KM reviewed Joseph DiGangi's NSSTA 2009 Winter Meeting discussion titled: "Comprehensive Settlement Consulting in the 21st Century" which S2KM characterized as "provocative" and "important" for the structured settlement industry.

This S2KM blog post continues to promote DiGangi's discussion about settlement consulting - asking questions and offering after-thoughts about settlement consulting definitions and business scope.

• What is the definition of "settlement consulting"?
• How does settlement consulting relate to:
  • Settlement planning?
  • Special needs settlement planning (SNSP)?
• DiGangi, for example, identifies settlement planning as one stage of his settlement consulting model:
  • Needs assessment;
  • Planning;
  • Implementation;
  • Monitoring.
• What are "litigation support services" and do they fit within the settlement consulting model?
• Is "special needs settlement planning" (or consulting) an oxymoron?
• What types of settlements fall inside and outside DiGangi's settlement consulting model?
• For example, are employment cases part of settlement consulting - or special needs settlement planning?
• Or, are there different branches of settlement consulting?
• If yes, what branches of settlement consulting include:
  • Structured settlement annuities:
    • Section 130 Qualified?
    • Non-Section 130 Qualified?
  • Other insurance products - life insurance; variable annuities?
• Whatever definitions apply, what social vocabulary (folksonomy) defines settlement consulting?

Full post as published by Beyond Structured Settlements on February 23, 2009 (boomark / email).