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Trust Industry Leaders: EPTC Articles

Discover informative articles by Eastern Point Trust Company, an international leader in trust innovation. With a team of renowned trust experts and a proprietary nationwide FDIC banking network, EPTC provides technology-empowered services to individuals, courts, and institutional clients worldwide. Explore our articles to learn more.
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Qualified Settlement Funds
Litigation and Settlement
Settlement Planning
Tax
Escrow

10 Things You Should Know About Plaintiff Recovery Taxation

Winning the case doesn’t always mean maximizing the recovery.
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The Federal Income Taxation of Litigation Settlements and Judgments

An educational reference on how federal income tax applies to litigation settlement and judgment proceeds, with an orientation, FAQ, charts by treatment and by claim type, and a full disclosure.
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How to Minimize Tax Liability on Lawsuit Settlements or Avoid Paying Taxes on Settlement Money

Learn how to legally minimize tax liability on lawsuit settlements or avoid taxes on settlement money with expert strategies from Eastern Point Trust. Optimize your financial outcome today!
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Must a Court Approve a Qualified Settlement Fund?

A Qualified Settlement Fund (QSF) is a statutory trust established to hold and distribute settlement funds to the parties involved in a legal dispute without needing court approval. Learn about the requirements, IRS's role, and advantages of using a QSF.
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Taxation of Settlements: Understanding Attorney's Ethical Duties Regarding Settlement Tax Consequences

Guide to attorneys' ethical duties under ABA Rules on settlement tax implications. Covers competence, communication, IRC §104 basics, malpractice risks, and mitigation strategies.
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Qualified Settlement Fund Approval – Listicle of Legal Requirements

Discover key legal requirements for Qualified Settlement Fund approval. Learn QSF rules and compliance tips in our listicle!
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Qualified Settlement Fund (QSF) Creation - List of Key Points Lawyers Need to Know

Create and manage Qualified Settlement Funds with QSF 360. Fast QSF creation, tax benefits, and expert administration. Start now!
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Are Compensatory Damages Taxable? A Comprehensive Guide for the Layperson

Learn if compensatory damages are taxable. Explore tax rules, exceptions, and expert insights on settlements. Get clear answers now!
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Utilizing QSFs as a Resolution Tool

This comprehensive guide explains the benefits of using Qualified Settlement Funds (QSFs) to enhance the resolution process in legal practice, reducing liability exposure and protecting clients' financial best interests. Understand when and how to utilize QSFs effectively.
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Qualified Settlement Funds (QSFs) - Unraveling the Unusual

A QSF serves as a temporary financial reservoir, defers taxation, and offers a controlled distribution mechanism, making it a crucial tool in legal settlements. Learn more about QSFs here.
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The Privacy Benefits of Qualified Settlement Funds (QSF)

Discover the strong privacy protections and effective shields offered by Qualified Settlement Funds (QSFs) against discovery demands. Learn about QSF 360 platform's innovative privacy and protection features.
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Qualified Settlement Fund Administration (QSF) – A Listicle of 10 Critical Elements

Explore the 10 critical elements of Qualified Settlement Fund administration. From QSF establishment to termination, the complexities and best practices.
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Understanding Qualified Settlement Funds, Taxation, and Tax Reporting

Discover Qualified Settlement Funds (QSFs) taxation rules, including Form 1120-SF filing, tax accounting, and key definitions.
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Qualified Settlement Fund Administration: Myths vs. Reality

An in-depth exploration of the common myths and realities surrounding Qualified Settlement Funds (QSFs) and their administration. Dispel misconceptions and highlight the benefits for all parties involved in litigation.
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Understanding the Role of a Qualified Settlement Fund Administrator

Learn how QSF Administrators streamline settlements, manage tax benefits, and ensure compliance with IRS regulations for efficient fund administration.
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Understanding the Taxation and Benefits of Qualified Settlement Funds (QSFs)

Qualified Settlement Funds (QSFs) help manage settlement proceeds with tax advantages and protection for all parties. Learn how a QSF can benefit your case.
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Taxation of Settlements and Judgments: Understanding the Complexities

In this detailed guide, learn about the federal tax implications of settlements and judgments, including proper tax treatment, the burden of proof, deduction disallowances, and the importance of considering tax implications.
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What Does QSF Mean?

This article thoroughly explains Qualified Settlement Funds (QSF), their legislative background, functioning, advantages, and potential disadvantages. Learn more about QSFs here.
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Understanding Taxation of Personal Injury Settlements with Punitive Damages

Learn about the tax implications of punitive damages in personal injury settlements. Understand the complexities, IRS regulations, and the importance of seeking professional advice for tax compliance.
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Know Your Client and Anti-Money Laundering Obligations of Financial Institutions and Their Clients

A comprehensive guide to KYC and AML requirements for banks, investment firms, insurance companies, money services businesses, and other financial entities. Learn about customer identification, due diligence, beneficial ownership, and ongoing monitoring.
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