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Qualified Settlement Fund (QSF) Creation - Key Points Lawyers Need to Know
In this video, we explore how to establish a Qualified Settlement Fund (QSF) without needing court approval. Discover how federal, state, and local agencies can approve QSFs, offering a more flexible and efficient option for settlements.
- Discover more key benefits of QSFs
- Learn how Eastern Point Trust’s QSF 360 is quicker and more affordable
- Understand which agencies besides courts can approve QSFs
The IRS oversees QSF compliance, and the QSF administrator is responsible for filing Form 1120 SF annually. QSFs provide tax advantages, reduce administrative burdens, and offer solutions for secondary disputes, benefiting both plaintiffs and defendants.
With QSF 360, you can avoid the traditional, time-consuming court process. Set up a QSF quickly and affordably, and streamline your settlement process.
Ready to simplify your QSF creation? Visit us at https://www.easternpointtrust.com to learn more.
Read more: https://www.easternpointtrust.com/articles
Learn about the QSF 360 platform: https://www.easternpointtrust.com/qsf-360-qualified-settlement-fund
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