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Services > Managing Costs

Holding down costs is an affirmative duty of all fiduciaries. JMW embraces the primacy of this objective, not only as it relates to reducing the embedded costs of managing a ward's settlement assets, but also as it relates to our own services. We offer the following guidance:

  • The Value is Real. SettleMaster® services will usually pay for themselves many times over in hard dollar benefits gained for your ward.

  • If You Need Court Approval we can help in the drafting of petitions that identify and quantify the value secured. Given the increased complexity, tax sensitivity, and ultra-long duration of today's settlements, it is only prudent (reasonable and necessary) that settlement fiduciaries secure expert support on critical issues.

  • Ask the Defense to Pay In a number of jurisdictions, it is customary for defendants to cover the costs of retaining a Guardian ad Litem. To the extent the GAL must incur minor expenses to complete their due diligence, SettleMaster® services may be covered as well, obviating the need to seek court approval.

  • Consider JMW's "Fee Waiver Policy" To the extent JMW is retained in any other capacity on your case and earns revenue equal to or exceeding the cost of the SettleMaster® services ordered, we will waive all charges.


Cost alone should never stand between your ward and prudent settlement decision-making. If you are unsure how these guidelines apply in a given circumstance, please call us to discuss.