Sahā Quest launches an exclusive travel club for entrepreneurs and creatives, offering curated adventures that build lasting cross-cultural connections and friendships.

United States – November 20, 2024 —

Sahā Quest Launches Exclusive Travel Club for Entrepreneurs, Creatives, and Avid Travelers

Sahā Quest, a newly established membership-based travel club, is redefining travel by offering curated adventures that foster meaningful connections and cross-cultural networks. Targeting entrepreneurs, creatives, and avid travelers, the club provides a unique platform for individuals to explore the world while forging lasting relationships with like-minded peers.

This launch represents a fresh approach to travel, blending adventure with elite networking opportunities to create transformative experiences. By combining thoughtfully curated trips with a focus on community and connection, Sahā Quest caters to those seeking personal growth, professional inspiration, and global camaraderie.

A Unique Blend of Travel and Connection

Sahā Quest sets itself apart from traditional travel clubs by focusing on the relationships and friendships built during shared experiences. Each trip is carefully curated to encourage collaboration and cultural immersion, creating an environment where members can forge deep bonds.

“Travel has the power to create connections that transcend borders and industries,” said Umang, Founder of Sahā Quest. “At Sahā Quest, we’re building a global community where individuals can come together, explore, and cultivate relationships that last a lifetime.”

With its curated approach and travel group size limited to 12 or fewer, Sahā Quest ensures that every member experiences more than just a journey—they depart with lasting memories, new and strengthened friendships, and inspiration that extends beyond the adventure.

Tailored Membership Options for Every Explorer

Sahā Quest currently offers two membership tiers, each designed to meet the unique needs and preferences of its members. Both tiers grant access to exclusive trips, events, and networking opportunities, ensuring a suitable experience for every traveler.

Membership benefits include:

1. Curated Adventures: Exclusive access to global trips crafted for cultural immersion and meaningful engagement.
2. Elite Networking Opportunities: Connect with entrepreneurs, creatives, and professionals from diverse fields and backgrounds.
3. Global Community Membership: Join a dynamic network of accomplished individuals united by shared interests and goals.

More information on membership options and trip itineraries can be found on the Sahā Quest website.

A Growing Global Network

Sahā Quest brings together individuals from all corners of the globe, creating a diverse and dynamic community. Members include entrepreneurs, artists, professionals, and travelers who share a passion for exploration and connection.

The diversity of the community enriches every experience, enabling members to learn from each other’s perspectives while building lasting friendships and professional collaborations.

“At Sahā Quest, we believe that profound connections are the cornerstone of growth—whether personal, professional, or cultural,” said Umang.

Curated Trips That Inspire and Connect

Sahā Quest’s trips are designed to go beyond traditional travel. By integrating group activities, cultural exploration, and networking opportunities, the club creates experiences that resonate deeply with its members.

From participating in local traditions to exploring hidden gems, Sahā Quest’s adventures offer more than just sightseeing—they inspire a deeper connection with the world and its people.

Key features of Sahā Quest’s trips include:

• Cultural Immersion: Opportunities to experience local customs and traditions in impactful ways.
• Collaborative Activities: Group challenges and discussions designed to spark inspiration and connection.
• Thoughtful Itineraries: Trips crafted to reflect the unique interests of the club’s diverse members.

A Digital Hub for Connection

To make its offerings accessible and engaging, Sahā Quest provides a strong online presence, where members can explore upcoming trips, connect with the community, and gain insights into the club’s unique approach.

• Website
• Instagram

About Sahā Quest

Sahā Quest is an exclusive, membership-based travel club for entrepreneurs, creatives, and avid travelers seeking meaningful connections through curated group adventures. By fostering relationships through shared experiences, Sahā Quest empowers its members to build cross-cultural networks that inspire personal and professional growth.

Media Contact
Umang Bengali
Email: umang@sahaquest.com 

Contact Info:
Name: Umang Bengali
Email: Send Email
Organization: Sahā Quest
Website: https://sahaquest.com

Release ID: 89146632

If there are any errors, inconsistencies, or queries arising from the content contained within this press release that require attention or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our reliable team will be available to promptly respond within 8 hours, taking proactive measures to rectify any identified issues or providing guidance on the removal process. Ensuring accurate and dependable information is our top priority.

Living Well USA announces the launch of its latest programs, designed to promote self-understanding and the effective use of our inner wisdom & strength.

United States – November 20, 2024 —

Navigating the world becomes fun when we understand our power. Our power is not given to us by others, it is accepted by us as our own.  

Living Well USA Unveils New Leadership Programs Inspired by Nature

Living Well USA, founded by renowned wellness experts Patty and Greg de Vries, has announced the launch of its latest suite of nature-based programs tailored for professionals, leaders, and individuals seeking to strengthen their connection between inner awareness and external impact. This new program offering, set on the company’s 4.5-acre property, leverages natural settings alongside neuro-literacy and personal energy management techniques to help participants cultivate greater self-mastery and mindfulness in both personal and professional realms.

Patty de Vries, who has led wellness initiatives for over three decades, including projects with Stanford University, Google, Yahoo!, and Cisco, emphasizes that the new programs address a pressing need for mindful leadership and well-being. “In a time when resilience and adaptability are essential, our programs offer a unique path for leaders to harness the potential within,” de Vries stated. “With Living Well USA’s latest offerings, individuals are invited to explore how nature and self-awareness can deepen their capacity to inspire and lead.”

Connecting the Mind and Nature in New Ways

This program launch builds upon Living Well USA’s established mission to foster growth through the integration of neuro-literacy, which emphasizes understanding how the mind shapes perception and behavior, and the mindful management of one’s energy. Through immersive nature-based experiences, participants can develop the tools to enhance focus, resilience, and influence by understanding and managing their personal energy in harmony with natural surroundings.

Programs at Living Well USA include tailored workshops that provide participants with reflective, seasonally-based exercises, each designed to deepen self-awareness and strengthen mental resilience. Located on the de Vries’ extensive property, these new offerings highlight the transformative power of nature to enhance leadership skills and promote a lasting sense of balance and purpose.

Patty and Greg de Vries’ Legacy of Wellness Leadership

With a combined over 50 years in wellness, leadership and entrepreneurship, Patty and Greg de Vries bring extensive life expertise to Living Well USA’s latest offerings. Patty de Vries, a WELCOA Top 100 Wellness Professional and a celebrated former NCAA All-American athlete, has dedicated her career to improving employee well-being in organizations nationwide. Greg de Vries, the founding president of the Silicon Valley Young Entrepreneurs Organization, also known as the Meditation Coach, compliments Patty’s work and shares her passion for holistic growth. Together, their journey has led to Living Well USA’s unique program framework, which is designed to help others build personal and professional resilience by harnessing their own mental and energetic strengths.

Enhancing Professional Potential with Mindfulness and Self-Mastery

Living Well USA’s nature-based programs encourage participants to explore how energy awareness can enhance leadership, creativity, influence and ultimately personal power. These newly launched programs offer an experiential approach, immersing participants in a natural environment that encourages reflection and growth. Through exercises and workshops grounded in science-backed techniques, individuals are guided to align their goals and actions with a clear, focused mindset, enhancing both personal and professional potential.

The programs also features insights from neuro-literacy, an approach that fosters an understanding of how brain function affects perception and behavior, offering participants the mental tools to cultivate resilience and adaptability. “By understanding and managing our inner resources,” explains Patty, “we create the foundation for genuine, impactful leadership.”

A New Chapter in Leadership and Well-Being

Through its latest programs, Living Well USA continues its mission to blend scientific and holistic wellness principles in transformative ways. The program launch reflects Patty and Greg’s commitment to redefining modern leadership by equipping individuals with the skills to navigate life’s demands with purpose and clarity. Living Well USA’s approach offers more than personal development; it provides the tools to foster meaningful change within individuals, teams, and communities alike.

About Living Well USA

Founded by Patty and Greg de Vries, Living Well USA offers nature-based programs designed to inspire growth, well-being, and mindful self-mastery. With a focus on neuro-literacy, mindfulness and personal energy management, Living Well USA’s innovative offerings combine natural environments with transformative techniques to foster both personal and professional growth. Located on a scenic 4.5-acre property, Living Well USA’s programs help participants unlock their full potential through an immersive experience of mindfulness and self-discovery.

Media Contact:

Living Well USA
Website: livingwellusa.com
LinkedIn: linkedin.com/in/pattydevries

Contact Info:
Name: Patty Purpur de Vries
Email: Send Email
Organization: Living Well USA
Website: https://livingwellusa.com/

Release ID: 89146628

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MAD Security Earns Top Spot Among Top 250 MSSPs for Fourth Consecutive Year, Reinforcing Excellence in Cybersecurity

Huntsville, Alabama, United States – November 20, 2024 —

MAD Security, a premier cybersecurity Managed Security Services Provider (MSSP), ranks among the Top 250 MSSPs (https://www.msspalert.com/top-250) for 2024, according to MSSP Alert, a CyberRisk Alliance resource.

The Top 250 MSSPs for 2024 honorees were announced on October 15 at MSSP Alert Live. The 2024 MSSP Top 250 list reveal marks the first time the list has been unveiled at MSSP Alert’s annual live event. Honorees will also be celebrated at an evening party that coincides with MSSP Alert Live.

MAD Security was ranked among the Top 250 MSSPs for 2024.

“Being recognized for the fourth consecutive year among the Top 250 MSSPs is a true testament to our team’s unwavering commitment to excellence and resilience,” said Jeremy Conway, CEO. “This honor reinforces MAD Security’s mission to be a leading cybersecurity operations center for the Defense Industry, Public Sector, and Maritime sectors, underscoring our dedication to protecting and fortifying critical operations across the nation and around the globe. Our steadfast commitment to helping clients achieve and maintain CMMC compliance further demonstrates our role as a trusted partner in securing sensitive information. These nominations validate the passion and commitment our team brings to every engagement in safeguarding our clients from evil.”

“MSSP Alert and CyberRisk Alliance congratulate MAD Security on this honor,” said Jessica C. Davis, editorial director of MSSP Alert, a CyberRisk Alliance resource. “The Top 250 MSSPs are an elite group of cybersecurity service providers, and they continue to outperform the overall cybersecurity services market. Members of this list are the best of the best.”

MSSP Alert’s Top 250 MSSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E.

ABOUT MAD SECURITY

Founded in 2010, MAD Security is a Service-Disabled Veteran-Owned Small Business (SDVOSB) and a leading Managed Security Services Provider (MSSP). We specialize in safeguarding the defense industrial base, maritime, and government contractors with tailored cybersecurity solutions. Our robust services include SOC-as-a-Service (SOCaaS), Managed Detection and Response (MDR), Incident Response, GRC Gap Assessments, User Awareness Training, and Penetration Testing.

MAD Security integrates NIST frameworks into every solution, ensuring compliance with the highest federal standards while simplifying cybersecurity challenges for our clients. Recognized as a Top 250 MSSP for four consecutive years, we excel in providing proactive threat detection and mitigation through our award-winning Security Operations Center (SOC).

As a CMMC Registered Provider Organization (RPO), we have guided numerous contractors through CMMC Level 2 readiness, achieving milestones like perfect SPRS scores of 110 for clients. Our commitment to passion, integrity, and professionalism positions us as a trusted partner for defense and government organizations.

ABOUT CYBERRISK ALLIANCE

CyberRisk Alliance provides business intelligence that helps the cybersecurity ecosystem connect, share knowledge, accelerate careers, and make smarter and faster decisions. Through our trusted information brands, network of experts, and more than 250 innovative annual events we provide cybersecurity professionals with actionable insights and act as a powerful extension of cybersecurity marketing teams. Our brands include SCWorld, the Official Cybersecurity Summits, Security Weekly, InfoSec World, Identiverse, CyberRisk Collaborative, ChannelE2E, MSSP Alert, LaunchTech Communications and TECHEXPO Top Secret. Learn more at www.cyberriskalliance.com.

Contact Info:
Name: Melissa Tyson
Email: Send Email
Organization: MAD Security
Website: https://madsecurity.com/

Release ID: 89143663

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Golf Addict Apparel enhances its collection with the addition of the Margarita Polo and Southwest Polo, designed to offer comfort and style to female golfers.

Mansfield, Texas, United States – November 19, 2024 —

Golf Addict Apparel, a women-led golf apparel shop dedicated to transforming women’s golf wear, today made available its latest additions, the Margarita Polo and Southwest Polo. These additions reflect the brand’s commitment to providing female golfers with apparel that is both functional and fashionable.

Founded by Toby Powell, a former Division 1 basketball athlete turned golf enthusiast, Golf Addict Apparel emerged from a desire to redefine women’s golf polos. Disappointed by the often unflattering and ill-fitting options available in existing golf apparel, Powell focused on creating designs that truly cater to women’s preferences for fit, fabric, and aesthetics.

The Margarita Polo, a standout addition to our line of golf polo shirts, is designed to shine on the golf course with its vibrant patterns and optional sleeveless cut, making it an ideal choice for warmer weather. “Our Margarita Polo isn’t just about making a fashion statement. It’s about crafting a feeling of confidence and comfort that accompanies our wearers both on and off the golf course,” a spokesperson stated.



In contrast, the Southwest Polo offers a sleek and versatile look, suitable for various social settings beyond the green. This polo embodies our vision of versatility. It’s perfect for those who value a garment that pairs equally well with athletic pursuits as with casual outings.

Golf Addict Apparel’s dedication to enhancing the golfing experience extends beyond just aesthetic appeal. Each polo is crafted to offer superior comfort and functionality, addressing common complaints among female golfers about the standard golf wear available in the market.

The brand has steadily grown to become a favored destination for women’s golf apparel, providing a wide array of choices that resonate with the modern female golfer. “At Golf Addict Apparel, we understand the importance of quality and style. Our goal is to provide options that female golfers are proud to wear and that support their performance and style preferences,” added a company spokesperson.

With a focus on quality and customer satisfaction, Golf Addict Apparel continues to innovate and expand its product lines, ensuring that female golfers have access to the best in golf wear. The new polos are available now at Golf Addict Apparel’s retail locations and can also be found online, catering to golfers locally and nationally searching for ‘golf apparel near me.’

About the company: Golf Addict Apparel, founded by former Division 1 basketball player Toby Powell, who discovered her passion for golf at 30, is a company focused on revolutionizing women’s golf wear. After experiencing firsthand the common issues with fit, design, and fabric choices in women’s golf polos, Powell was inspired to create a line that addresses these shortcomings. Golf Addict Apparel aims to empower female golfers by providing them with stylish, well-fitting, and comfortable golf apparel that boosts confidence both on and off the course. With an emphasis on quality and innovative designs, the company offers a range of golf polos that stand out for their aesthetic appeal and functional elegance.

Contact Info:
Name: Toby Powell
Email: Send Email
Organization: Golf Addict Apparel
Address: 1301 East Debbie Lane, Ste 102 #197, Mansfield TX 76063, United States
Phone: 817-201-5119
Website: https://golfaddictapparel.com/

Release ID: 89146560

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The renowned firm provides RV solar installation services for its customers.

California, United States – November 19, 2024 —

Auto Detail Now has expanded its service offerings to include RV solar installation, providing customers with a sustainable energy solution for their recreational vehicles. This addition is in response to the growing demand for alternative energy sources within the RV community, allowing owners to utilize solar power for various applications.

The representative at the business stated, “We are delighted to offer RV solar installation services. By providing detailed consultations and tailored solutions, the business aims to support customers in making informed decisions regarding their energy options.”

The team at Auto Detail Now emphasizes that the RV solar installation service enables customers to harness solar energy, which can reduce reliance on traditional power sources. The process includes an assessment of the RV’s electrical needs, followed by the installation of solar panels and related equipment. This installation aims to provide a functional and efficient way for RV owners to manage their energy consumption, particularly during extended travel periods.

The service addresses several key components of RV solar systems, including solar panels, batteries, and charge controllers. Solar panels convert sunlight into electricity, which is stored in batteries for use when needed. This comprehensive approach to RV solar installation seeks to enhance the energy independence of RV owners.

The representative at the firm added, “By expanding service offerings to include renewable energy solutions, the business demonstrates its commitment to meeting evolving customer needs while maintaining a focus on quality and reliability. “

The inclusion of this service has contributed to reaffirming the credibility and trustworthiness of Auto Detail Now within the automotive service industry.

About the company: Auto Detail Now provides superior mobile detailing services at your convenience and at a fraction of the cost of traditional detailing or ceramic shops. The expert team at Auto Detail Now performs premium services at your preferred location, completing the work quickly and efficiently. This allows your RV to be ready for use in half the time compared to traditional shops. Their customers consistently praise their services, and they have been recognized as San Diego’s top mobile detailers by expertise.com and preferred mechanic.com, with over 75 five-star reviews on Google.

Contact Info:
Name: Matthew
Email: Send Email
Organization: Auto Detail Now
Address: 3119 Upas Street, San Diego, CA 92104
Phone: 619-370-4524
Website: https://autodetailnow.com/

Release ID: 89146565

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Loja RealizaCursos has rebranded to provide a unique blend of lifestyle and entertainment content. The website now covers diverse topics, including celebrity news, astrology, wellness, and lifestyle advice, positioning itself as a modern destination for lifestyle and entertainment enthusiasts.

United States – November 19, 2024 —

United States, November 10, 2024 — Loja RealizaCursos has transformed its platform to cater to a broader audience, now featuring lifestyle and entertainment content that includes engaging articles on celebrity culture, wellness tips, astrology insights, and much more. This expansion marks an exciting new chapter for the platform, as it aims to become a go-to source for modern lifestyle content.

Loja RealizaCursos now covers an extensive range of popular topics, presenting a fresh perspective for readers interested in lifestyle and entertainment. This expansion encompasses:

·        Celebrity News: Readers can stay informed about celebrity culture, with timely articles on relationships, personal stories, and the latest happenings in the entertainment world.

·        Astrology and Wellness: For those seeking self-improvement and balance, the website offers regular insights into astrology and wellness practices that can enhance everyday life.

·        Fashion and Lifestyle Tips: The website also provides style guides and lifestyle advice, aiming to be a go-to resource for readers looking to incorporate new trends into their lives.

Connecting with a Broader Audience

As Loja RealizaCursos broadens its reach, the platform is committed to providing quality, engaging content that resonates with a diverse readership. The new focus reflects a growing demand for lifestyle media that speaks to various aspects of daily life, from wellness practices to the latest celebrity buzz.

Future Outlook and Expansion

Loja RealizaCursos plans to continue expanding its content categories to meet evolving audience interests. By introducing new sections and exploring additional lifestyle trends, the website aims to establish itself as a trusted source of high-quality lifestyle and entertainment content.

About Loja RealizaCursos

Loja RealizaCursos has transitioned into a lifestyle and entertainment blog, offering readers a mix of celebrity news, wellness insights, and lifestyle advice. The website’s rebranding marks a shift toward a broader focus, with content that reflects the interests of a contemporary audience. For more information, visit https://loja.realizacursos.com.br/.

About the company: Loja RealizaCursos has transitioned into a lifestyle and entertainment blog, offering readers a mix of celebrity news, wellness insights, and lifestyle advice.

Contact Info:
Name: Loza
Email: Send Email
Organization: Loja RealizaCursos
Website: https://loja.realizacursos.com.br/

Release ID: 89145863

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Game On, Bangladesh’s premier platform for secure digital video game transactions,marks over 12 years of service, offering gamers a reliable space for game purchases, in-game top-ups, and digital gift cards. Established in 2012, Game On has become an essential resource for Bangladesh’s growing gaming community.

Bangladesh – November 19, 2024 —

Bangladesh, November 10, 2024 — Game On, Bangladesh’s leading digital video game store, is proud to celebrate over a decade of empowering gamers with a secure, user-friendly platform for purchasing game keys, in-game credits, and other digital products. Founded in 2012 by Shakhawat Hossain, Game On has transformed the landscape of digital gaming in Bangladesh, catering to the needs of a diverse gaming community with accessible, trustworthy transactions.

“Game On was built on the vision of providing a safe space for gamers to make secure digital purchases,” stated Shakhawat Hossain, CEO of Game On. “Our platform is dedicated to meeting the demands of the gaming community, offering extensive options and unwavering customer support.”

Meeting the Needs of Bangladesh’s Growing Gaming Community

Game On has expanded its offerings to meet the evolving demands of Bangladesh’s video gaming market, providing gamers with a variety of digital products, including top-ups for popular gaming platforms such as Xbox, PlayStation, and Nintendo. By leveraging extensive payment options and adhering to stringent data protection standards, Game On has made online gaming transactions more accessible and secure than ever.

Milestones on the Road to Success

Throughout its journey, Game On has achieved significant milestones that have strengthened its presence in Bangladesh’s digital gaming market:

·        2017: Transitioned from physical discs to digital keys, aligning with global trends.

·        2021: Reached 50,000 successful transactions, reflecting strong consumer trust.

·        2022: Launched a mobile app, enabling customers to make game purchases and top-ups conveniently on their devices.

As a member of the e-Commerce Association of Bangladesh (e-CAB) and Bangladesh Association of Software and Information Services (BASIS), Game On is committed to industry standards and best practices, further establishing its role as a reliable partner in the gaming ecosystem.

 Building a Community of Gamers

With a focus on customer engagement, Game On fosters a sense of community among its users. The company’s dedication to service quality, security, and accessibility is reflected in its round-the-clock support, offering assistance via live chat, email, and phone to ensure a seamless experience for all gamers.

Looking to the Future

With Bangladesh’s gaming industry on the rise, Game On plans to expand its digital offerings and strengthen partnerships with game developers and publishers. These initiatives aim to provide the Bangladeshi gaming community with access to the latest releases and innovative services.

About Game On

Founded in 2012, Game On is Bangladesh’s leading digital video game platform, offering a secure environment for purchasing game keys, in-game credits, and digital gift cards. Committed to excellence, Game On serves the gaming community with a comprehensive range of products, robust security, and 24/7 customer support. For more information, visit https://www.gameonbd.xyz.

About the company: Founded in 2012, Game On is Bangladesh’s leading digital video game platform, offering a secure environment for purchasing game keys, in-game credits, and digital gift cards.

Contact Info:
Name: Shakhawat Hossain
Email: Send Email
Organization: Game On
Address: 52, Apollo Shopping Center (2nd Floor), Shahid Saifuddin Khaled Rd, Kazir Dewri, Chittagong 4000, Bangladesh
Phone: +8801601426366
Website: https://www.gameonbd.xyz

Release ID: 89145873

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Qualified Settlement Funds – Definition, Benefits, Taxation, & §468B

– – November 19, 2024 —

Originally posted on: https://www.easternpointtrust.com/qsf-360-qualified-settlement-fund

In the world of legal settlements, managing tax implications can be a complex challenge. Qualified Settlement Funds (“QSFs”) are a valuable solution for those seeking to facilitate settlements and defer taxes on settlement payments. This powerful settlement tool, established under Internal Revenue Code (“IRC”) §468B, provides plaintiffs with financial control and flexibility in handling their settlement proceeds.

QSFs serve as a bridge between defendants and plaintiffs in legal cases, allowing for the deferral of income and taxation. We here explore the benefits of a QSF for tax deferral, setting up a QSF, and the role of QSF trustees/administrators. We’ll also debunk common misconceptions about Qualified Settlement Funds, examine case studies of successful tax deferral, and shed light on the qualified settlement fund requirements that plaintiffs and their advisors need to understand for effective settlement planning.

What is a 468B Qualified Settlement Fund?

A 468B Qualified Settlement Fund, also known as a 468B trust, is a powerful settlement tool established under IRC Section 468B. It serves as a bridge between defendants and plaintiffs in legal cases, allowing for the deferral of income and taxation. 468B trusts are particularly useful in mass tort litigation and cases involving multiple claimants, as they provide time to resolve claims and distribute settlement proceeds properly.

Definition and purpose

A Qualified Settlement Fund is a tax structure formed as a fund, account, or trust that satisfies the requirements outlined in IRC § 468B, et seq. and Treasury Regulation § 1.468B-1, et seq. Its primary purpose is:

“resolve or satisfy one or more contested or uncontested claims that have resulted or may result from an event (or related series of events) that has occurred and has given rise to at least one claim asserting liability.”

Qualified Settlement Funds are common when resolving claims arising from torts, breach of contract, and other law violations in cases involving environmental liability arising from claims associated with the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) or any other situations designated by the IRS Commissioner in a revenue ruling or procedure.

Legal framework

Treasury Regulation § 1.468B-1 provides the legal framework for establishing and administering QSFs. The regulation outlines the requirements a fund must meet to be considered a Qualified Settlement Fund, including:

1.       Establishment pursuant to an order of, or approval by, a governmental authority (such as a court);

2.       Resolution or satisfaction of claims described in § 1.468B-1(c)(2); and

3.       Segregation of fund assets from other assets of the transferor (and related persons).

Upon satisfying the requirements, the transferor achieves economic performance by making a qualified payment to the QSF, and the fund operates as a separate legal entity.

Key features

QSFs offer several key features that make them an attractive settlement tool, including, but not limited to:

4.       Deferral of income and taxation: Defendants can make a qualified payment to the trust and claim an immediate tax deduction. At the same time, the fund itself is treated as a separate legal entity, thus allowing for the deferral of income recognition for the claimants until they receive their settlement distribution.

5.       Flexibility in claim resolution: QSFs provide time for proper claim evaluation, settlement consultation, and lien resolution without the time pressures of litigation. Claimants can explore their settlement options and make informed decisions.

6.       Streamlined distribution process: Claims not impacted by post-secondary dispute issues can receive their settlement funds without waiting to resolve co-claimants’ issues. The QSF administrator handles the distribution of funds, simplifying the process for all parties involved.

7.       Protection of settlement funds: QSF assets are segregated from the transferor’s assets, ensuring that the settlement funds are protected and available for distribution to claimants.

Utilizing 468B trusts has become increasingly popular due to their ability to streamline the settlement process, provide tax benefits, and protect the interests of both defendants and plaintiffs. As a result, QSFs have become an indispensable tool in the resolution of complex legal cases.

Benefits of Using a QSF for Tax Deferral

Utilizing a Qualified Settlement Fund offers significant advantages for defendants and plaintiffs in legal settlements. By leveraging the tax deferral benefits a QSF provides, parties can optimize their financial outcomes, defer taxation, and streamline the settlement process.

Advantages for Defendants

Defendants can also benefit from a 468B Trust in several ways. First, they can extricate themselves from litigation by depositing the agreed settlement amount into a settlement trust. By doing so, the defendants obtain an immediate release from the litigation. The plaintiffs can then allocate the settlement and deal with various liens and other post-litigation issue resolution. Second, defendants and their insurers can claim an immediate tax deduction upon making a qualified payment to the 468B settlement fund instead of waiting for “economic performance” to occur. This immediate tax benefit can substantially benefit the defendant’s financial position.

Advantages for Plaintiffs

QSF trusts also provide numerous advantages for plaintiffs. With the defendant(s) out of the picture, the plaintiff(s) gains greater control over the settlement allocation process and can defer taxable income recognition and provides more advantageous outcomes, as the Qualified Settlement Fund administrator can divide the settlement claimants to fulfill the terms of the settlement and resolve outstanding liens. Additionally, claimants can start receiving a distribution from the settlement once the QSF receives the funds and the 468B fund’s trustee vests their rights. Establishing a 468B trust defers taxation and constructive receipt; it also grants plaintiffs additional time to negotiate and satisfy liens from Medicaid, ERISA, Medicare, and third-party insurers and thus ensures the resolution of all obligations. Furthermore, claimants may choose their preferred distribution methods, deciding what part of the settlement to take as a lump sum and what to structure. A Qualified Settlement Fund trust can provide the necessary time to resolve these conflicts in cases involving multiple plaintiffs with conflicting interests.

Tax Implications

The tax implications of QSFs are a crucial consideration for all parties involved. As separate tax entities, a Qualified Settlement Fund must pay tax on any interest and dividend income at the maximum rate of 37%. However, it is essential to note that this tax is a self-financing tax from the interest earned. Several other income tax considerations should be taken into account when dealing with 468B trusts:

·         Economic Performance

The defendant benefits from an immediate tax deduction upon transfering the funds in the 468B fund.

·         Constructive Receipt

The deposit of the funds in the Qualified Settlement Fund does not trigger constructive receipt, as the claimant’s receipt of income is subject to limitations.

·         Economic Benefit

The transfer of the defendant’s funds into the QSF does not convey Economic Benefit, as the claimant’s future beneficial expectations are (i) subject to the claims of other claimants, (ii) not vested, and (iii) subject to the QSF’s creditors.

·         Gross Settlement Proceeds

When the defendant transfers the settlement obligations and proceeds into the trust, they do not represent gross income to the QSF; likewise, when the trust makes disbursements, they do not represent a tax deduction to the QSF.

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Contact Info:
Name: Eastern Point Trust
Email: Send Email
Organization: Eastern Point Trust
Website: https://www.easternpointtrust.com/

Release ID: 89146536

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WOW Activation, a leader in event entertainment solutions based in Hamilton, Ontario, now provides Classic Photo Booth options to enhance interactive experiences at various events throughout the Greater Toronto Area and beyond.

Hamilton, Ontario, Canada – November 19, 2024 —

WOW Activation continues to enrich the event experience across the Greater Toronto Area, Niagara region, and surrounding areas with the provision of its Classic Photo Booth. This service caters to a variety of events, including weddings, birthdays, and corporate gatherings, ensuring that each occasion is memorable and engaging.

The Classic Photo Booth by WOW Activation has been designed to add an element of fun and interaction to any event. As a proven favorite, this booth option allows guests to capture personalized moments in a unique and enjoyable way. WOW Activation remains committed to delivering high-quality entertainment solutions that resonate with both private and corporate clients.

“Our Classic Photo Booth has always been about creating lasting memories while offering a user-friendly experience,” said a spokesperson for WOW Activation. “This service, including photo booth rental in Mississauga, is not just about taking photos; it’s about creating an interactive environment where guests can connect and share joyous moments.”

WOW Activation’s commitment to compliance with the Canadian Anti-Spam Legislation (CASL) during events ensures responsible email collection and privacy protection, aligning with their high standards of client service and ethical business practices. This approach not only enhances client trust but also helps businesses engage with their audiences effectively and responsibly.

The company’s partnership strategy includes collaborating with businesses for brand activations and providing a platform for interactive customer engagement and brand reinforcement at various events. Through these partnerships, WOW Activation helps businesses leave a lasting impression on their audience, making each event not only a celebration but also a significant brand touchpoint.

“Our focus has always been on enhancing the event experience with innovative solutions like our Classic Photo Booth,” added the spokesperson. “We are proud to support our clients in making their events both memorable and successful. Our booth is more than just entertainment; it’s a chance to create connections and build lasting relationships.”

The availability of WOW Activation’s Classic Photo Booth service extends throughout the Greater Toronto Area, including photo booth rental options in Mississauga. This service expansion is part of the company’s ongoing efforts to provide accessible and engaging event solutions to a broader client base.

About the company: WOW Activation is based in Hamilton, Ontario, specializing in premier photo booth services for a wide range of events across the Greater Toronto Area, Niagara region, and surrounding areas. With a focus on creating fun, engaging, and memorable experiences, WOW Activation is dedicated to enhancing every event with their interactive entertainment solutions.

Contact Info:
Name: Wilson Low
Email: Send Email
Organization: WOW Activation
Phone: (204) 894-9047
Website: https://www.wowactivation.com/

Release ID: 89146553

If there are any errors, inconsistencies, or queries arising from the content contained within this press release that require attention or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our reliable team will be available to promptly respond within 8 hours, taking proactive measures to rectify any identified issues or providing guidance on the removal process. Ensuring accurate and dependable information is our top priority.

Future Advisory, a leading Melbourne-based accounting firm, announces the expansion of its accounting, tax, and business advisory services.

Australia – November 19, 2024 —

Melbourne, Australia – November 9, 2024: Future Advisory, a well-established accounting firm based in Melbourne, has announced the expansion of its comprehensive range of accounting, tax, and business advisory services to better serve the growing needs of Australian businesses. The firm, recognised for its expertise in Xero Accounting and bookkeeping, aims to offer streamlined financial solutions that drive business growth and ensure compliance with regulatory requirements.

A Holistic Financial Solutions

Future Advisory’s expanded services includes a focus on providing integrated financial solutions that encompass bookkeeping, tax planning, and financial advisory, helping businesses of all sizes achieve their financial goals. The firm’s expertise in Xero accounting allows clients to automate routine financial tasks and gain real-time insights into their financial data, leading to more informed business decisions.

Jason Robinson, Founder of Future Advisory, shared, “Our focus has always been to help businesses stay on top of their finances, whether through day-to-day bookkeeping or long-term financial planning. By expanding our services, we aim to provide even more value to Australian businesses seeking sustainable growth.”

Industry-Specific Solutions

With years of experience working across various sectors, Future Advisory tailors its services to meet the specific needs of industries such as retail, hospitality, manufacturing, and professional services. The firm offers customized tax and accounting solutions designed to maximize profitability and improve financial transparency for its clients.

Key Service Areas Include:

1.  Xero Accounting: Future Advisory specializes in Xero Accounting software integration, providing businesses with cloud-based solutions that simplify invoicing, payroll, and financial reporting.

2.  Bookkeeping: The firm offers meticulous bookkeeping services, ensuring that businesses have up-to-date and accurate financial records, which is essential for cash flow management and compliance.

3.  Tax Compliance: The firm’s tax experts offer comprehensive tax planning and compliance services, helping businesses minimize liabilities while staying compliant with Australian tax laws.

4.  Business Advisory: From choosing the right business structure to business expansion strategies, Future Advisory’s business consulting services will guide businesses to ensure a future of stable growth.

A Trusted Partner for Australian Businesses

Future Advisory has earned a reputation for delivering top-notch financial services, assisting businesses in navigating complex financial challenges while optimizing their operations. By offering tailored accounting and business advisory services, the firm supports businesses in making sound financial decisions that lead to long-term success.

About Future Advisory

Founded in Melbourne, Future Advisory is a premier accounting firm that specializes in accounting and tax, Xero accounting, bookkeeping, and business advisory services. The firm’s mission is to empower Australian businesses with innovative financial solutions that enhance profitability and ensure compliance with tax and regulatory requirements.

For more information about Future Advisory’s services, visit official website or follow them on their Facebook page, Instagram, and Google My Business.

For a deeper look into Future Advisory’s approach, tune in to their podcast the number game on YouTube, where they discuss their vision and commitment to supporting Australian SMEs.

About the company: Founded in Melbourne, Future Advisory is a premier accounting firm that specializes in accounting and tax, Xero accounting, bookkeeping, and business advisory services.

Contact Info:
Name: Jason Robinson
Email: Send Email
Organization: Future Advisory
Address: Level 2, 65 Dover Street, Cremorne VIC 3121
Phone: 1300 225 888
Website: https://futureadvisory.com.au

Release ID: 89146531

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