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Frequently Asked Questions
What is a QSF?
How can Frontier help with the administration of my Settlement?
Why should I use a QSF?
A Qualified Settlement Fund is a trust account where settlement funds are held to allow for adequate time to efficiently resolve the intricate issues involved in mass tort litigation. QSFs are extremely useful and beneficial to both the Plaintiff and Defendant, as well as the claimants. QSFs are most commonly used in mass tort litigations
A Qualified Settlement Fund is a trust account where settlement funds are held to allow for adequate time to efficiently resolve the intricate issues involved in mass tort litigation. QSFs are extremely useful and beneficial to both the Plaintiff and Defendant, as well as the claimants. QSFs are most commonly used in mass tort litigations such as product liability cases, sex abuse cases, and drug cases, but are also useful in environmental liability and even discrimination cases. QSF accounts earn interest during the life of the settlement that can ultimately be distributed to the parties upon finalization and completion.
Why should I use a QSF?
How can Frontier help with the administration of my Settlement?
Why should I use a QSF?
QSFs afford Plaintiffs the necessary time to resolve outstanding claimant lien issues and to prepare and acquire any additional documentation as specified within the terms of the settlement agreement. QSFs also afford claimants the opportunity to make informed decisions about how best to receive their settlement proceeds and preserve any
QSFs afford Plaintiffs the necessary time to resolve outstanding claimant lien issues and to prepare and acquire any additional documentation as specified within the terms of the settlement agreement. QSFs also afford claimants the opportunity to make informed decisions about how best to receive their settlement proceeds and preserve any income-based benefits they may receive. In addition to benefitting Plaintiffs and Claimants, Defendants are immediately released of all claims and become eligible for the appropriate tax deductions at the time they fund the QSF. Everyone wins!
How can Frontier help with the administration of my Settlement?
How can Frontier help with the administration of my Settlement?
How can Frontier help with the administration of my Settlement?
Frontier provides a variety of administration solutions including motion and order preparation, tax documentation preparation, claimant documentation preparation & procurement, and disbursements. Frontier also provides top-tier consultation services to help ensure that terms and agreements take into consideration all of the possible hangu
Frontier provides a variety of administration solutions including motion and order preparation, tax documentation preparation, claimant documentation preparation & procurement, and disbursements. Frontier also provides top-tier consultation services to help ensure that terms and agreements take into consideration all of the possible hangups that could be encountered during the life of the settlement, and that our clients and their claimants are best positioned to receive a timely settlement. Frontier can tailor-make a custom solution for any settlement that comes our way. It's never too soon to consult with Frontier about your settlement!