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QSFs in 60 Seconds or Less
In this quick and informative video, we explain the fundamentals of Qualified Settlement Funds (QSFs), a vital tool in managing and distributing settlement funds in legal cases.
A QSF is a specially designed trust that handles settlements from legal matters like torts or contract breaches. Defendants can fund a QSF and immediately benefit from a tax deduction. At the same time, plaintiffs receive their settlement in a tax-efficient manner, allowing them to defer taxes until the funds are actually distributed.
- Discover how QSFs work to provide tax advantages for both defendants and plaintiffs.
- Learn about the quick setup process for a QSF, with QSF 360 enabling the establishment of a QSF online within just one business day.
- Understand the benefits of using a QSF in your legal settlement strategy and how it can optimize financial outcomes for all parties involved.
For more detailed information on Qualified Settlement Funds and how they can benefit your legal and financial strategies, visit https://www.easternpointtrust.com/.
Contact Eastern Point Trust Company for expert guidance on setting up a QSF.
Read more: https://www.easternpointtrust.com/articles
Learn about QSF360: https://www.easternpointtrust.com/qsf-360-qualified-settlement-fund
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