Litigation

For the last 6 1/2 years number of "plaintiff loyal structured settlement planners" have trumpeted the need to include IRC 5891 "enabling language" so that the plaintiffs have the ability to factor theoir structured settlements. Some plaintiff attorneys may have heard some of these "plaintiff loyal structured settlement planners" go so far as to suggest that there could be a legal malpractice exposure to the plaintiff attorney for denying their client the right to sell.

Is there any reality to this, or is just a blunt "prestige hook"?

According to Settlement Quotes, LLC  "many annuity policies and settlement agreements usually include anti-assignment or anti-sale language. Even though this language is included within your settlement documents, you are still able to sell your future structured settlement payments!

Author Patrick Hindert hatched this propoganda scheme diuring his brief tenure as Executive Director of the Society of Settlement Planners.

Given the new reality plaintiff attorneys ought to be suspect of any "plaintiff loyal settlement planner" who continues to blow the bad smoke signal. Is it possible that the "plaintiff loyal settlement planner" is promoting the canard to facilitate a future "cash now push" and the receipt of kick backs from factoring companies? T