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August 17, 2013

Structured Settlement Brokers Who Mischaracterize Academic Credentials

by Structured Settlement Watchdog®

Structured settlement brokers who continue to cite an industry certification program (that DID NOT require matriculation at the University of Notre Dame) as if they attended the University of Notre Dame are misleading.

Examples found on the Internet

A.  from Linkedin profile of a structured settlement broker from Texas

"University of Notre Dame - Mendoza College of Business

CSSC, Tax, Annuities

2004 – 2004"

B.  from a LinkedIn profile of an individual associated with the firm of an executive officer of NSSTA 08/17/2013. 

"CSSC, Insurance Law

2009"

In fact, at the time of publication, a startling number of the associates of the structured settlement firm of the NSSTA executive officer make no mention of NSSTA in connection with the CSSC on their profiles on that firm's website. Some listings even cite the incorrect university where the CSSC was hosted.

What is a Certified Structured Settlement (CSSC) ?

The National Structured Settlements Trade Association (NSSTA) Certified Structured Settlement Consultant (CSSC)** is the industry’s oldest and most respected designation, establishing educational standards for structured settlement professionals throughout the nation. NSSTA reports that "nearly 550 structured settlement consultants have earned the distinguished CSSC designation". The program, developed in conjunction with the University of Notre Dame, consists of more than 80 hours of classroom and study culminating in a comprehensive examination. 

The important point to note is that the CSSC is a non-matriculating certification program and that NSSTA confers the designation. 

My advocacy on this seemingly simple point began in October 2007

4 days in the vicinity of "Touchdown Jesus" DOES NOT make you one of " The Fighting Irish"!   October 18, 2007

**NSSTA itself DOES NOT use University of Notre Dame (or the inaccurate Notre Dame University) in its promotion of the Certified Structured Settlement Consultant (CSSC) Professional Certification Program!

 

 

Posted at 11:23 AM in Certified Structured Settlement Consultant (CSSC) NSSTA, Misinformation About Structured Settlements, National Structured Settlement Trade Association, NSSTA, Structured Settlement Credentials, Structured Settlement Industry News, Structured Settlement Profession, Structured Settlement Watchdog® |

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Guide to Structured Settlements 2023

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  • Treasury Funded Structured Settlements
    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
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    Use the Taxable Equivalent Yield chart to help compare the Internal Rate of Return (IRR) of a structured settlement to other alternative or complementary investments. Need help with the chart? Call 4structures.com® LLC at 888-325-8640
  • Structured Settlement Payments | Types of Structured Settlements
    Ways You Can Structure Your Settlement Payments. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements, index linked structured settlement payments and market based structured .
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    Structured attorney fees is a financial strategy that offers a unique way to defer taxes for lawyers and law firms. Lawyers CAN structure their legal fees even if the plaintiff doesn't structure their settlement. There are multiple ways to structure your attorney fees, such as the an index linked structured settlement where payments are adjusted based on upside changes in the S&P 500 with no downside and a cap of 5%. Trial Lawyers may also use a special deferred pay/deferred compensation arrangement, if market based returns returns are desired with no cap. Plan NOW for year end! Put structured attorney fee expert John Darer® on your settlement planning team.
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  • What Are Structured Settlement Annuities?
    Structured settlement annuities are annuities that can provide one or more customized annuity payment streams in a single contract. Read about structured settlement annuities here.
  • History of Structured Settlements
    Tracing the roots of structured settlements history from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as a core personal injury settlement planning tool to the present day.
  • What Are Market Based Structured Settlements?
    Market based structured settlements are an alternative or supplementary structured settlement solution for the plaintiff, attorney or law firm that: 1. Can afford to take some market risk 2. Have discretionary settlement dollars. Claimants and attorneys alike may find that market-based structured settlements provide the opportunity to receive tax-free income, or tax-deferred income, while enjoying growth potential.
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Qualified Settlement Funds

  • What is a Qualified Settlement Fund?
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  • Firmwide Qualified Settlement Funds Debunked
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