Take advantage of our structured attorney fee strategies, which reduce taxes and preserve wealth.

The U.S. Court of Appeals for the 11th Circuit has affirmed that attorneys who defer the payment of their fees pursuant to a structured settlement are not required to include them in their taxable income, until the year that the fees are received under the terms of the structure (Richard A. Childs, et al vs. Commissioner of Internal Revenue 103 T.C. No. 36 Docket No. 15639-92). Therefore, income taxes on attorney fees from the tort award are payable only when the amounts are received in each annuity payment.

Incorporating an analysis of the structured attorney fee on any large case is a prudent and viable financial-planning tool.

The advantages include:

• Cash flow management
• Customized income stream
• Retirement planning
• Income tax deferral

The focus for attorney fees on any case can be negotiated to effectuate tax deferral. Depending on the time of the deferral, the benefit achieved by the deferring attorney is potentially greater than returns available in any other type of investment that is guaranteed.