Further to my April 6, 2007 post, please click here for a post from S2KM Patrick Hindert's"partner" Denham Grey's blog. Isn't it rather odd that Denham Grey, WHO IS NOT A SUBJECT MATTER EXPERT on structured settlements, who once in a blue moon writes something on the subject, DECIDES TO WEIGH IN on Wood's December 30, 2006 Tax Notes Article to comment on the possible consequences of commutations? And of course, to a web 2.0 purveyor, concept maps are the key to solve the problem. Incidentally, Grey incorrectly refers to IRC 5892** instead of IRC 5891 and his "partner" as "Hinderd" instead of "Hindert"!
According to the "non subject matter expert" Grey, "The decision to commute or factor is simple or complex depending on how deep you dig and where you stand!!"
According to this author the intrigue is becoming increasingly relevant in April 2007, as one has to consider whether a certain NSSTA member, who serves on the NSSTA legal committee, is a mole for factoring companies. THAT issue "is simple or complex depending on how deep I dig and where you sit".
**Click here to search the US Tax Code as compiled by the Legal Information Institute at Cornell. No such section exists