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Claims Administration Heffler, Radetich & Saitta LLP's Litigation Support Services Group offers a complete line of class action administration services for anti-trust, securities, employment and labor and product liability settlements. Those services address each phase of the settlement process, from designing custom websites & databases for claimants to administering the notification, claims processing and settlement distribution stages of a case. Services Include:
The Litigation Support Services Group is an experienced team of 40 professionals; comprised of certified public accountants, information technology experts, data entry personnel, call center attendants and direct mail specialists. They have long-standing alliances with established financial institutions to manage settlement funds, and solid relationships with qualified printers capable of generating over 1.7 million pieces daily. Backed by one of the largest, most respected and experienced CPA firms in the mid-Atlantic region, members of the Litigation Support Services Group have administered over 575 cases of varying size and complexity over the last 48 years. They have worked on matters involving the distribution of over $3 billion in funds, and the management of more than 10,000,000 proof-of-claim forms with mailings to over 40,000,000 potential class members. For more information, please visit: www.hrsclaimsadministration.com |
Qualified settlement funds and grantor trusts are subject to taxation under IRC section 468(B). Addressing critical tax issues early in the settlement phase protects counsel, preserves fund assets and ultimately, helps streamline the process. If involved initially, Heffler, Radetich & Saitta LLP helps craft the settlement agreement, thus advising on its most advantageous tax structure. Once in place, keeping counsel apprised of claims status through weekly reports ensures compliance with the myriad tax laws, rules and regulations impacting the management of settlement funds. Summary of Services
Knowledgeable Tax Professionals Ensure Compliance IRC section 468(B) was enacted in the 1980s, and Heffler, Radetich & Saitta LLP was involved in the hearings and made recommendations to the US Department of Treasury for the drafting of regulations on Qualified Settlement Funds. Today, it is a leading CPA firm with one of the largest Litigation Support Services practices in the mid-Atlantic region, with unparalleled tax expertise in Tax Compliance & Administration of Qualified Settlement Funds. | |
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