Skip to content

Settlement Services in West Hartford CT

You shouldn’t lose when you win.

If you’re involved in a personal injury, medical malpractice or workers’ compensation claim, you’ve experienced enough hardship and should consider obtaining settlement services in West Hartford CT. The last thing you deserve is to have your public benefits taken away or to be disqualified from receiving them in the future.

Kearns & Kearns helps you and your trial attorney in protecting your settlement, including Medicaid lien reduction, special needs trusts, Medicare set-aside arrangements for future medical expenses, and qualified settlement fund trusts, so that you remain eligible for all possible sources of income.

Lasting benefits.
Studies have reported that 25-30% of all lump sum settlements are gone within two months, and 90% are used up within five years. Doesn’t your money need to last longer than that?

Kearns & Kearns helps you easily establish a tax-free qualified settlement fund (QSF) – or 468B Settlement Fund after its Internal Revenue Code – as well as a first party special needs trust (click the second question once on this link) to protect your settlement and help it last a lifetime.

You’ve suffered enough. Learn more about how we can help you keep your settlement – and a more financially secure future. Click here to contact Kearns & Kearns now.

Click here for Settlement Services FAQs – and answers!

Frequently Asked Questions

What is a qualified settlement fund and how does it work?

Qualified settlement funds (QSFs) – also called 468B settlement funds or Section 468B trusts after its Internal Revenue Code Section – are tax-qualified (non-taxable) trusts specifically designed to receive proceeds from a lawsuit settlement. It’s a simple trust that’s easy to set up, allows one or more defendants to pay into it, and provides the beneficiary(ies) – the plaintiff(s) – with unparalleled tax benefits, such as the use of structured settlement annuities, the use of special needs trusts, lump sum payouts and more. The money is paid into a trust while the Medicare and/or Medicaid liens are negotiated. The attorney of the plaintiff(s) is paid immediately while the plaintiff(s) can carefully consider their planning options.

What is a Medicare set-aside arrangement and does it apply to me?

If you receive a settlement in a worker’s compensation case, a Medicare set-aside arrangement would apply to you. Kearns & Kearns can assist you with this allocation of funds.

The U.S. Centers for Medicare & Medicaid Services (CMS) holds all parties in a workers’ compensation case responsible for allocating a portion of the settlement for future medical expenses. Their recommended way to do this is through a Worker’s Compensation Medicare Set-Aside Arrangement (WCMSA). How much should be set aside is determined by CMS. Once this amount is exhausted and verified by CMS, Medicare takes over, paying for all future Medicare-covered expenses relating to the worker’s compensation injury.