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468B Trusts and the Single Claimant
468B Trusts (derived from Internal Revenue Service Code Section 468B), were originally created to simplify the settlement of mass tort cases. More recently, they have been suggested for the settlement of single claimant cases, which has become a source of much debate. On this edition of Ringler Radio, host Larry Cohen welcomes co-host, Carmella Limongelli and guest, Rick Woollams, Chief Claims Officer at Chartis U.S., to take an in-depth look at 468B trusts and the rather controversial area of their use in cases with a single claimant.
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