How to Use Qualified Settlement Funds

Have you heard of Qualified Settlement Funds (QSFs)? QSFs can allot more time for strategic financial planning after a settlement.

Our friend and attorney Sam Dolce, who oversees QSFs at Milestone Consulting, gave an overview of 3 different ways to use QSFs in a past webinar recording: https://vimeo.com/advocatecapital/3differentwaystouseqsfs  

Per our partners at Milestone Consulting, “Firmwide QSFs are created around cases that have commonality, such as cases in one practice area, handled in a specific region, and/or by one law firm.”

Want to learn more? Fill out a contact form or call us at: 1.877.894.9724

Creating a firmwide qualified settlement fund is an excellent way for a law firm to leverage its settlement and have an effective tax planning solution.

About Donna A. Jones

Donna Jones is the President at Advocate Capital, which became a part of Pinnacle in 2019. Ms. Jones is a member of the Board of Directors of Advocate Capital and serves as a member of the Credit Committee. Her responsibilities include education and training of Advocate Capital staff regarding civil litigation, coaching new clients on the fundamentals of Advocate’s online services, as well as its proprietary software application, AdvoTrac®, and all activities related to existing and prospective clients.