Settlement Partners

STRUCTURING ATTORNEY'S FEES

The U. S. Court of Appeals for the 11th Circuit affirmed a Tax Court ruling against the IRS that attorneys may structure their fees, holding that taxes are payable on structured attorney fees when the amounts are received.

To accommodate the continuing requests for attorney fee structures, certain companies have developed methods of structuring attorney fees patterned after this case based on the Internal Revenue Service’s long-standing positions on non-qualified deferred compensation.

WHY CONSIDER STRUCTURING YOUR FEES?

Spreading fees over several years avoids a higher tax bracket and allows the money saved in taxes to be invested at little or no risk with no money management fees. As an added feature, the moneys in a structured settlement are exempt from creditors.

EXAMPLE TO FUND RETIREMENT

Structured to fund retirement plan in 20 years, one can choose a guaranteed lump sum or monthly payments for life.

Call to obtain more and an illustration for your case.

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P L A I N T I F F S '
A T T O R N E Y S
* Home
* Ignore Structured Settlements at your peril...
* Why You Need A Plaintiff Broker
* Why Not Accept The Structured Settlement Offered By The Defense?
* Settlement Partners Services
* The Attorney's Indispensable Partner In Settlement Design
* Structuring Attorney's Fees
* Section 468B "Qualified Settlement Fund"
* What the Plaintiff Attorney and Ad Litem Need to Know About Section 142 of the Texas Property Code Regarding Structured Settlements
* Legal Malpractice Claim is Growing Threat
* Structured Settlement Caveats


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