Could A Trust Have Protected Lead Paint Victims’ Structured Settlements? The Question Is Put to a Trust Company President

Could A Trust Have Protected Lead Paint Victims’ Structured Settlements? The Question Is Put to a Trust Company President

Structured settlement factoring got considerable attention in the past two years due in no small part to the Washington Post’s news stories about such deals involving lead paint victims in the Baltimore area. Could those structured settlements have been protected had the payments been paid into a trust? Legal Broadcast Network host Mark Wahlstrom raises that question in a recent blog post that also features an interview with Chris Foregger, President of Capital First Trust Company in Wisconsin and a proponent of the use of corporate trustees – like those provided by his company – to manage settlement proceeds.  The post and interview are available here.

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