Sillavan et al v. State of Washington, Department of Social and Health Services et al

Filing 49

ORDER re Plaintiff's 47 Motion for Approval of Second Minor Settlement: The Court approves of the purchase of a structured settlement annuity for each minor. Signed by Judge Richard A. Jones.(MW)

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THE HONORABLE RICHARD A. JONES 1 2 3 4 5 6 UNITED STATES DISTRICT COURT WESTERN DISTRICT OF WASHINGTON AT SEATTLE 7 8 9 10 PATRISHA AND STEVEN SILLAVAN, individually and on behalf of their minor children C.S, B.S., and L.S., 11 Plaintiffs, 12 13 14 NO. 2:17-CV-01126 PROPOSED SECOND ORDER OF THE COURT ON MINOR SETTLEMENTS OF C.S. AND L.S. v. STATE OF WASHINGTON, DEPARTMENT OF SOCIAL AND HEALTH SERVICES and KATHERINE GRAFF, 15 Defendants. 16 17 This matter comes before the Court on Plaintiffs’ Motion for Approval of Second Order 18 Approving Minor Settlements of C.S. and L.S. Dkt. # 47. The Court having been fully apprised 19 of and approved of the overall settlement in this matter, the TRI-CARE lien totals for each 20 minor, and reviewed and approves of the purchase of a structured settlement annuity for each 21 minor as follows: 22 // 23 PROPSOED SECOND ORDER OF THE COURT ON MINOR SETTLEMENTS OF C.S. AND L.S. - 1 of 5 (NO 2:17-CV-01126) CONNELLY LAW OFFICES 2301 North 30th Street Tacoma, WA 98403 (253) 593-5100 Phone - (253) 593-0380 Fax 1 // 2 Plaintiff Judgment Lien Holder/Amount Net TOTAL 3 C.S. $593,845.59 Tri-Care $453,274.30 $140,571.29 4 L.S. 5 $593,845.59 Tri-Care $478,190.37 $115,655.22 6 7 8 The amount of $593,845.59 for L.S. and $593,845.59 for C.S. reflects the net allocation 9 for each child after the deduction of attorney’s fees and costs, as set forth in the Court’s order 10 approving minor settlement. The above grid shows the net allocation, the amount of each 11 child’s Tri-Care lien, and the Net total to or for the benefit of each child after payment of the 12 Tri-Care Lien. Overall net total settlement amount of $453,274.30 shall be used to fund future periodic 13 14 payments for the benefit of C.S. as set forth herein. Overall net total settlement amount. of $478,190.37 shall be used to fund future periodic 15 16 payments for the benefit of L.S. as set forth herein. It is therefore the Order of this Court that the State of Washington issue the following 17 18 19 20 21 22 checks: 1. $478,190.37 to MetLife Assignment Company, Inc. for the purchase of a structured settlement annuity for the benefit of L.S. 2. $453,274.30 to MetLife Assignment Company, Inc. for the purchase of a structured settlement annuity for the benefit of C.S. 23 PROPSOED SECOND ORDER OF THE COURT ON MINOR SETTLEMENTS OF C.S. AND L.S. - 2 of 5 (NO 2:17-CV-01126) CONNELLY LAW OFFICES 2301 North 30th Street Tacoma, WA 98403 (253) 593-5100 Phone - (253) 593-0380 Fax 1 2 3 3. $256,226.51 to Connelly Law Offices in trust for L.S. and C.S., for the payment of the Tri-Care Liens for both children. 4. By way of this settlement the State of Washington has offered to pay the following sums 4 to or for the benefit of C.S. (Date of Birth: 2006) and L.S. (Date of Birth: 2006). 5 Future periodic payments on the dates and in the amounts indicated below: 6 Payee: C.S. 7 $492,196.25 guaranteed lump sum payable on 2024. 8 Periodic payments and related fees, if any, have a cost of $453,274.30 9 payable to MetLife Assignment Company, Inc. 10 Payee: L.S. 11 $520,178.73 guaranteed lump sum payable on 2024. 12 Periodic payments and related fees, if any, have a cost of $478,190.37 13 payable to MetLife Assignment Company, Inc. 14 The future payment amounts outlined in above are guaranteed based upon 15 a projected annuity purchase date of August 9, 2019. Any delay in funding the 16 annuity may result in a delay of the payment dates or change in payment amounts 17 that shall be recorded in the settlement agreement and release, qualified assignment 18 document and annuity contract without the need of obtaining an amended 19 Petition/Court Order up to 180 days after original purchase date. 20 Any payments to be made after the death of the Payee shall be made to the 21 Estate of Payee. After the age of majority, Payee may submit a change of 22 beneficiary, in writing, to Assignee. No such designation, or any revocation 23 thereof, shall be effective unless it is in writing and delivered to Assignee. PROPSOED SECOND ORDER OF THE COURT ON MINOR SETTLEMENTS OF C.S. AND L.S. - 3 of 5 (NO 2:17-CV-01126) CONNELLY LAW OFFICES 2301 North 30th Street Tacoma, WA 98403 (253) 593-5100 Phone - (253) 593-0380 Fax 1 The designation must be in a form acceptable to Assignee. The designation 2 approved by the Court at this time is the Estate of C.S. and the Estate of L.S., 3 respectively. 4 The obligation to make periodic payments described above will be 5 assigned to MetLife Assignment Company, Inc. (“Assignee") and funded by an 6 annuity contract issued by Metropolitan Tower Life Insurance Company 7 ("Annuity Issuer"), rated A+ (Superior) by A.M. Best Company. All parties shall 8 cooperate fully and execute any and all supplementary documents, including a 9 Settlement Agreement & Release and a Qualified Assignment in compliance with 10 IRC 104 (a)(2) and Section 130 of the Internal Revenue Code of 1986, as amended. 11 Neither the minor nor incapacitated person, nor their estate, nor any 12 subsequent beneficiary or recipient of any payments or any part of any payments 13 under this structured settlement shall have the right to accelerate, commute, or 14 otherwise reduce to present value or to a lump sum any of the payments or any part 15 of the payments due under this structured annuity settlement or this order unless 16 by later motion good cause has been shown to lift or modify these restrictions. 17 No payment under the structured settlement annuity contract or this order 18 shall be transferred as defined in RCW 19.205.010(18), accelerated, deferred, 19 increased or decreased, or anticipated, sold, mortgaged, assigned or encumbered in 20 any manner by the minor or incapacitated person or any other recipient of the 21 payments unless by later motion good cause has been shown to lift or modify these 22 restrictions. 23 PROPSOED SECOND ORDER OF THE COURT ON MINOR SETTLEMENTS OF C.S. AND L.S. - 4 of 5 (NO 2:17-CV-01126) CONNELLY LAW OFFICES 2301 North 30th Street Tacoma, WA 98403 (253) 593-5100 Phone - (253) 593-0380 Fax 1 Patrisha and/or Steven Sillavan are the parents and legal guardians who have the 2 authority to sign all Settlement Agreements and Releases on behalf of the minors, L.S. and C.S. 3 4 DATED this 17th day of July 2019. 5 A 6 7 The Honorable Richard A. Jones United States District Judge 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 PROPSOED SECOND ORDER OF THE COURT ON MINOR SETTLEMENTS OF C.S. AND L.S. - 5 of 5 (NO 2:17-CV-01126) CONNELLY LAW OFFICES 2301 North 30th Street Tacoma, WA 98403 (253) 593-5100 Phone - (253) 593-0380 Fax

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