While structured settlements are an excellent
option for personal injury claimants, they are also
available for counsel except they are tax deferred,
not tax free. Using a fee structure, all or part
of your attorney fee can be deferred pre-tax and
paid over time. With an attorney fee structure,
you will receive the same tax-deferral benefits
as a Qualified Pension Plan without all the hassle
of having to adhere to the requirements of a qualified
plan including how much you can put in. Benefits
can begin whenever you so choose. In addition, 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.
In addition, there are two other unique options
we provide exclusively that should be considered
if you want to elect deferral of your attorney fees.
A traditional tax-deferred structured settlement
can be paired with a business loan to give liquidity
and flexibility to the plan. Another option is a
product that allows for tax deferral with complete
control over the investment decisions and access
to the funds at any point in time.