The Legal Intelligencer 11/23/15
According to the plaintiff’s attorney, Thomas Newell, by having the insurance company pay the annuity services company directly, the payments disbursed by the annuity company are tax-free.
Newell said Falyn’s doctor opined that the scar might be permanent, even with further treatments.
According to the petition, the plaintiffs determined that organizing the settlement funds in a structured settlement annuity was in the best interest of both parties. Newell also noted that both parties agreed that it would be in the child’s best interest to handle the case prelitigation.
