Earlier this week, Frank Maguire passed away. As a founding member of both NSSTA and the Society of Settlement Planners, Frank was a tireless advocate for injury victims and was loved and respected by many people in the industry. Our thoughts go out to Frank’s wife, Diane, and to his family.
"I first met Frank on an Alaskan Fishing Trip organized by Dave Snyder. On this trip to Alaska I met, for the first time, structured settlement industry leaders like Charlie Bradford, Davey Brackett, Andy Larsen, Ben Malsch and Frank Maguire. Frank and all of those industry leaders spent the better part of a week in Alaska helping to keep me from being attacked by black bears and learning how to catch great big red salmon. Frank was always very quick to offer assistance and a technical understanding of complex financial transactions, products and services. Frank will be missed by so many friends who came to appreciate his sense of humor, his love of life and his great capacity to serve as a mentor to so many people in our industry." - Eric Vaughn
From his obituary:
Frank was a pioneer in the structured settlement industry and began his career with the Morgan Chase Group in 1984. In 1999, Frank and his wife, Diane, founded First Capital Surety & Trust Company in Milwaukee, WI. They retired in November 2015.
Frank was a member of the National Association of Forensic Economists, American Economic Association, American Statistic Association, American Banking Association, National Structured Settlement Trade Association, and the Society of Settlement Planners. Frank was also a Fellow with the American College of Forensic Examiners and was recognized nationally as one of the leading experts on Settlement Trusts.
Frank lectured before many state bar and trial lawyers’ associations, legal conferences, and CLE programs on economic and financial matters as well as on structures and settlement trusts. He also was an adjunct lecturer at Marquette University Law School. He was accepted in both State and Federal Courts as an expert in both finance and economics.
Frank was an avid hunter, fisherman, sailor, gourmet cook and loved life to the fullest. It was always an adventure spending time with Frank. Frank was very proud of his Irish heritage and his dual citizenship with the U.S.A. and Ireland.
In lieu of flowers, and per Frank's wishes, a scholarship fund has been established in his name to provide scholarships to students whose parent(s) served, or are serving, in the U.S. military. Donations may be sent to the Frank P. Maguire Scholarship Fund, c/o Fairfield County Foundation, 162 E.
Main St., Lancaster, OH 43130.