A new video by Pacific Life gives attorneys an overview of the advantages of structuring settlement fees.

The video highlights instances where structuring fees could be beneficial:

  • Retirement planning
  • Children’s future college education
  • Creating consistent, guaranteed income for your practice
  • Reduce overall taxes

The video also provides a quick overview of Index-Linked Annuity Payment Adjustment Riders (ILAPAs). These riders increase scheduled annuity payments (up to an annual maximum of 5 percent) whenever the S&P 500 Index rises over a 12-month period. If the S&P 500 Index experiences a negative or zero return, there is no reduction in scheduled payment amounts.

The video is under 3 minutes and well worth watching. Pacific Life also has a booklet on fee structuring that provides more detailed information.

Please feel free to give me a call with any questions

– Pat

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