Articles tagged with: Attorney Fee Structures
While low interest rates are good for the economy, the anemic rates are frustrating for individuals who rely on interest payments as an important part of their income. Investment decisions can become confusing. However, for injured parties who must be sure they have enough money to pay for current and future medical bills and other living expenses, the decision remains easy.
Structuring attorney fees for later cash flow; comparison of after-tax cash flow from structured attorney’s fee vs. income from taxable investment accounts showed higher net income with structured fees.
With all the talk about too much or too little regulation of investments these days, there is one investment that supports its tough regulatory limitations: structured settlement annuities. Why? Tight regulations give annuities one of their primary selling points: safety.
Structuring attorney fees has benefits: better money management of future expenses such as a child’s education or your retirement, possibly lowering your tax bracket, guaranteed payments, and, as with injured-party settlements, receiving more money than if you had taken an initial lump sum payment.
Not all structured settlements begin and end with a life insurance annuity. A number of investment options are available when creating a structured settlement to meet an injured party’s financial needs.
We work with clients and attorneys in California and around the country in creating structured settlements for medical malpractice, personal injury, product liability, workers’ compensation, mass torts and construction defect cases as well as for non-physical injury cases and attorney fees–all at no cost to the client.
The end of the year usually means a last-minute scramble to reduce taxable income. Pushing income into 2011 will provide temporary tax relief but another option could provide even longer-term tax benefits: creating tax-deferred fee structures with payments (and thus taxes) paid over time.
For some the structured settlement process is best illustrated by sample structures.