Main Synergy InSights Blog Category
In Episode 16 of Trial Lawyer View, TLV host and Synergy CEO Jason D. Lazarus had an insightful conversation with Teresa Kenyon, Director of Lien Resolution Services at Synergy Settlement Services. The episode focused on Teresa’s journey in the legal industry, particularly her transition from personal injury law to subrogation law, and how she ultimately […]
A Special Needs Trust is a trust that can be created pursuant to federal law whose corpus or any assets held in the trust do not count as resources for purposes of qualifying for Medicaid or SSI. These trusts are an indispensable planning tool for making sure your clients remain eligible for means-based benefits like Medicaid after receiving a settlement. But there are several types of special needs trusts, including a standalone (d)(4)(A) Special Needs Trust, and a (d)(4)(C) trust, commonly known as a pooled trust. What’s the difference, and what’s right for your client?
July 28, 2021 Rasa Fumagalli JD, MSCC, CMSP-F Introducing “Since You Asked,” Synergy’s first in a series of columns addressing MSP compliance questions in the area of workers’ compensation. Question: “My client is settling her case and does not know what to do with her Workers’ Compensation Medicare Set-Aside (WCMSA) funds. I’m not quite sure […]
In Episode 15 of Trial Lawyer View, TLV host and Synergy CEO Jason D. Lazarus talks with Ken Hardison of Hardison & Cochran and founder of PILMMA, a powerful innovative legal marketing and management association. They discuss how his desire to help people and own his own business led to his career in trial law. As part of […]
In Episode 14 of Trial Lawyer View, TLV host and Synergy CEO Jason D. Lazarus interviews Bibi Fell of Fell Law, PC. They discuss how even as a child being a lawyer was the only profession for her, the comradery and respect for her network of female trial lawyers, being thrilled by the intellectual challenge […]
Jason D. Lazarus, J.D., LL.M., MSCC, CSSC So, what do lawyers assisting Medicare beneficiaries do given all of the issues surrounding representing Medicare beneficiaries? To learn more, download the White Paper below: [hubspot type=form portal=7609853 id=3a31fe03-41bd-4455-a882-0b33d31ec2d0]
July 8, 2021 Rasa Fumagalli JD, MSCC, CMSP-F Most attorneys are well aware of the need to resolve Medicare’s conditional payments in connection with a client’s settlement. This obligation stems from the Medicare Secondary Payer (MSP) Act, 42 U.S.C. § 1395y(b)(2)(A)(ii), which prohibits Medicare from making payment for medical services when “payment has been made […]
Trial Lawyer View host, Jason D. Lazarus, Esq., Orlando, FL, Amazon best-selling author of “The Art of Settlement” and nationally recognized settlement compliance expert, was recently recognized in the 2021 edition of Florida Trend’s Florida Legal Elite™. The list of 1,263 honorees represents just over 1% of the active Florida Bar members, including attorneys in private practice as well as top government and non-profit attorneys who practice in Florida.
Structured settlements utilizing life insurance annuities as their funding mechanism have been around for four decades. Over half a million injury victims receive benefits from structured settlement annuities. Each year, life insurance companies that provide structured settlements receive more than $6 billion to fund new structured settlement arrangements and an estimated $156 billion has been paid in total to fund structured settlements in force since the seventies.
Structured settlements are commonly utilized in the settlement of tort claims because of these seven crucial advantages they offer personal injury victims.