IPA, Independent professional advice code section

(f) "Independent professional advice"
means advice of an attorney, certified public accountant, actuary, or other
licensed professional adviser meeting all of the following requirements:
(1) The adviser is engaged by a claimant or payee to render advice
concerning the legal, tax, or financial implications of a structured settlement
or a transfer of structured settlement payment rights.
(2) The adviser’s compensation for rendering independent professional
advice is not affected by occurrence or lack of occurrence of a settlement or
transfer.
(3) A particular adviser is not referred to the payee by the transferee
or its agent, except that the transferee may refer the payee to a lawyer
referral service or agency operated by a state or local bar association. 

Very truly
yours,

THE LAW
OFFICES OF EUGENE A. AHTIRSKI

A
California Statewide Law Firm with Nationwide Associates

 

By: Eugene
A. Ahtirski, Esq.

14622
Victory Boulevard, Van Nuys, CA 91411

(818)
786-2176 – Main Office Number

(818)
786-2998 – Main Facsimile Number

(323)
806-0962 – Direct Cell Phone Number

eahtirski@gmail.com  - Primary
Email Address

(f) "Independent professional advice" means advice of an attorney, certified public accountant, actuary, or other licensed professional adviser meeting all of the following requirements: 
View Attorney Profile

Eugene A. Ahtirski

Licensed since 1989

Member at firm Ahtirski Law Offices

RECENT POSTS

  • Does having an IPA slow down my structured settlement transfer?
    Posted on March 11, 2014
    Topic: Consumer Law

    Does having an IPA slow down my structured settlement transfer?  The short answer is NO. But there is a growing misconception floating around that having an Independent Professional Advisor is a bad thing and will delay the court approval and cost you more money. This is an Urban legend, that has been told and retold ... Read more

  • Orange County Independent Professional Advisor
    Posted on November 27, 2013
    Topic: Consumer Law

    Orange county has long been a conservative county, and the conservative attitude is now spilling over into structured settlement transfers. In combination to the budget cuts to the courts, they have found that pushing the structured settlement transfers though a single court room, with one judge they can effectively enforce a certain set of prerequisites. ... Read more

  • Structured Settlement IPA mandatory in some states
    Posted on September 17, 2013
    Topic: Personal Injury

    Structured Settlement IPA mandatory in some states. It has been a few years now that structured settlement protection acts have been adopted. With that come changes based on experience such as a growing increase to the reference of IPA services. Although some states make mention of them and suggest them, other states have made them mandatory. such ... Read more

Eugene A. Ahtirski

Licensed since 1989

Member at firm Ahtirski Law Offices

RECENT POSTS

  • Does having an IPA slow down my structured settlement transfer?
    Posted on March 11, 2014
    Topic: Consumer Law

    Does having an IPA slow down my structured settlement transfer?  The short answer is NO. But there is a growing misconception floating around that having an Independent Professional Advisor is a bad thing and will delay the court approval and cost you more money. This is an Urban legend, that has been told and retold ... Read more

  • Orange County Independent Professional Advisor
    Posted on November 27, 2013
    Topic: Consumer Law

    Orange county has long been a conservative county, and the conservative attitude is now spilling over into structured settlement transfers. In combination to the budget cuts to the courts, they have found that pushing the structured settlement transfers though a single court room, with one judge they can effectively enforce a certain set of prerequisites. ... Read more

  • Structured Settlement IPA mandatory in some states
    Posted on September 17, 2013
    Topic: Personal Injury

    Structured Settlement IPA mandatory in some states. It has been a few years now that structured settlement protection acts have been adopted. With that come changes based on experience such as a growing increase to the reference of IPA services. Although some states make mention of them and suggest them, other states have made them mandatory. such ... Read more