Non-Qualified Cases
The non-qualified structured settlement is the settlement form used to resolve disputes or claims for damages that do not fall within the scope of physical injury, physical sickness or death. While they don't enjoy the same tax-exempt status afforded to those claims that qualify under Sections 104 and 130 of the Internal Revenue Code, they could be arranged to provide tax-deferred status among other benefits. (i.e. credit shelter, etc.)
Examples of non-qualified cases:
- Age discrimination
- American Disabilities Act
- Construction Defect
- Divorce
- Race Discrimination
- Wrongful Termination
- Sexual Harassment
- Environmental claims
- Legal Malpractice
For more information regarding the details of the non-qualified transaction, please contact us.