Talk:Structured settlement

My name is Patrick Hindert. Welcome and thank you for your interest in this project to develop a "structured settlement" article in Wikipedia. The article was first drafted on January 30, 2005. You are invited to join in planning, improving and expanding this article. Some preliminary thoughts:

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• Review some related articles (eggs tort, tort reform, common law) to compare organizational design.
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Project Help Requests:

• Improve the hyperlinks to other Wikipedia topics.
• Regularly check links to related topics

I have read your text on structured settlements. Nice book.

What is needed?

What is needed to remove the flag for this article? —Preceding unsigned comment added by Anneaholaward (talk • contribs) 06:12, 14 June 2010 (UTC)

Sources needed for Legal Structure section

The section with only one source is the Legal Structure part. Anneaholaward (talk) 06:25, 14 June 2010 (UTC)

Removed lack of sources flag

The flag was several years old and out of date. There are 5 references and 4 external sources.Anneaholaward (talk) 02:33, 28 June 2010 (UTC)

Break out of types of structured settlements

The structured settlements in the US section seems to lack specifics about the types of structures settlements. There are temporary life annuties, lump sum, etc. I will start working on this part if nobody here objects. I love all things finance. (talk) 05:54, 4 October 2010 (UTC)

History Section Needed

The history of structured settlements is living in the introduction right now and it possibly warrants its own section with more detail. If nobody objects I can create this myself. — Preceding unsigned comment added by Glen.Daler (talk • contribs) 22:43, 9 December 2010 (UTC)

Concerns

The section on JG Wentworth doesn't really belong here, does it? It's amusing, but

1. It is a pop culture reference, which is discouraged
2. It contains a commercial endorsement
3. It expresses personal opinions

To me, it just seems out of place in what is otherwise a serious financial article. Timrprobocom (talk) 18:13, 29 December 2010 (UTC)

I cannot think of any other reference to structured settlements in the media...? It is also sourced. I would agree with you, but the commercials seem to have won a lot of awards.Mr. Finance (talk) 18:02, 1 February 2011 (UTC)

The info and links have been removed until they can be sourced to a significant news articles related to this subject, not just press releases and obscure awards. Please see WP:RS and WP:SPAM. Flowanda | Talk 08:27, 29 June 2011 (UTC)

Globalization flag

Hi,

I re-read this article and did not detect issues with it being global. I have removed the flag. Mr. Finance (talk) 18:00, 1 February 2011 (UTC)

Interest rates, imputed interest

WarrenOutsky, why do you keep removing my edits about interest rates? On the View History page, you give your reason as "unsourced information." So what? Wikipedia has a lot of unsourced information, and there are even entire articles with no sources given. I believe what's important is that content be *true*. What argument do you have that it is false or irrelevant that high interest rates were a cause, or at least a catalyst, of the growth of structured settlements in the early 1980's?

I worked for a life insurance company in the structured settlements unit during that era. I was in charge of the pricing of annuity contracts for structured settlements and had first-hand knowledge about what level of interest rates we needed to use to be competitive, and I could determine pretty closely what interest rates competitors were using. I talked with claims people, who were well aware of the saleability of deferred payments as an alternative to a lump sum and how high interest rates made that possible. Do you have first-hand or even lesser-hand knowledge to the contrary?

98.228.186.88 (talk) 14:18, 22 December 2011 (UTC)

After editing the article to mention "imputed interest" and adding an external link, somebody removed both, saying the external link was inappropriate. No reason why it was inappropriate was given. My purpose with the external link was to explain imputed interest, nothing more. The article now says, "claimants could have federal income tax waived." This is misleading, since lump sum settlements haven't been taxed for decades. The waiver was and is about "imputed interest." The external link (http://www.jrrobidapc.com/halfmoon.htm) does a decent job explaining that. If the claimant settled for a lump sum and used the proceeds to buy an annuity, there would be taxable imputed interest. In contrast, if payments identical in amount to those per the annuity were made via a structured settlement, there is no *taxable* imputed interest.