Alternative Dispute Resolution
Jul. 24, 2009
A Mechanism Whose Time Has Come
In many situations, a qualified settlement fund can make the settlement process smoother and more efficient, writes Robert W. Wood.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
FORUM COLUMN
By Robert W. Wood Whatever you choose to call it, a qualified settlement fund, called a QSF or a Section 468B trust, is a flexible dispute-resolution mechanism whose time has come. QSFs are enabled by Section 468B of the Internal Revenue Code, which was enacted in 1986, but they really didn't exist until 1993, when the IRS published regulations detailing their operation. They've really taken off only in the last few years. In ess...For only $95 a month (the price of 2 article purchases)
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