Utilizing a QSF as a Resolution Tool

In this informative video, we explore how utilizing a Qualified Settlement Fund (QSF) can significantly enhance the resolution process in legal practices.

Recognizing when and how to use QSFs can grow your practice, reduce risks, and produce better financial outcomes for you and your clients.

A QSF is a tax-qualified statutory trust allowing a defendant to receive a full release when a settlement is paid into an account acting as a temporary trust account. These settlement funds can be used to pay in cash, fund a structured settlement, attorney fee structure or assignment, and settle liens or allocation issues between parties.

- Discover the benefits of QSFs and how they streamline the settlement process.

- Learn how QSFs created under Section 468B are flexible and suitable for various case types, including class actions, mass torts, and single-plaintiff cases.

- Understand how QSFs can simplify interactions with defense representatives and attorneys by removing them from the post-settlement process.

With Eastern Point Trust Company's QSF 360 platform, setting up a QSF is quick and easy. In just 15 minutes online and for as little as $500, a QSF can be established typically within a single business day. This platform provides everything you need, from necessary documents to governmental approval and IRS registration.

Key Takeaways:
- Recognize the strategic use of QSFs to enhance your practice.
- Reduce risks and improve financial outcomes with effective QSF utilization.
- Leverage Eastern Point's QSF 360 platform for a seamless, turnkey solution.

For more details on Qualified Settlement Funds, visit https://www.easternpointtrust.com/

Read more: https://www.easternpointtrust.com/articles

Learn about the QSF 360 platform: https://www.easternpointtrust.com/qsf-360