Reduce banking risks with up to $240 million of FDIC coverage. Additional FDIC coverage is available by request*
Administrative support for the entire life cycle of the settlement, from pre-settlement through post-settlement, to ensure attorneys and their clients have supported options to optimize tax outcomes
Individual subaccount establishment and customizable transactional and positional reporting are available
Patented technology to provide user-friendly support as well as firm, planner access, and transactions
Real-time data updates, electronic notices, and communications
Support for funds received regardless of receipt method (e.g., check, wire, etc.)
Coordination with special masters, courts, and third-party distribution approvers to coordinate approval processes
Support for cross-border/international payments
English and Spanish support is available by phone and email daily from 8 am-4 pm, and access to real-time reporting 24/7
Create closing statement settlement packages
Administration support includes draft disclosures, notices, closing statements, tax filings, distribution request forms, and more
Lien resolution coordination
Supported distribution methods include the following: wires, checks with expedited shipping and tracking, virtual and physical cards, and transfers to Settlement Protection Trusts and Special Needs Trusts
Integrated Settlement Protection Trusts and Special Needs Trusts and services
Qualified Settlement Fund fees begin at only $500 to establish
With establishment time as rapid as one business day, you can ensure your firm is never in a situation where the time to draft and approve the QSF becomes a factor