Replies to post #4503 on Aegean Marine Petroleum Network Inc (fka ANWWQ)

[Rootjim]

..This is my first time owning Litigation Trust Units (LSU). So when I receive disbursements into my regular shareholder account, would it be taxable at that time or when I make a withdrawal?? Would it be taxed as income or at capital gain tax rate. Something we may all have to start planning for,so we can set enough aside for taxes
..Most of my LTU is in a IRA so I will deal with that later since it will NOT be taxable UNTIL I make a withdrawal.
What will happen to our LTU if litigation goes on for years and we receive disbursements quarterly or yearly. Will there be a market for a LTU?? I know there are companies that buy winning lottery tickets that receive regular payouts and buy real estate contracts and so on.
..Just some thoughts for now so we can be prepared. IMO