Qualified vs. Non-Qualified Assignments: What Do They Mean for Settlement Proceeds?

When it comes to placing settlement proceeds or attorney fees in an annuity, claimants and attorneys may find themselves confused about the tax implications associated with the annuity payments. They may hear the words “qualified” and “non-qualified” discussed—but how do those terms relate to settlement proceeds? Structured Annuities: How They Work If a claimant decides […]

Answers to Your Top Attorney Fee Deferral Questions

As 2017 comes to an end, we’ve rounded up our most frequently asked questions about attorney fee deferrals. From choosing a payee to determining the tax consequences, here is everything you need to know to take advantage of a financial opportunity available only to contingent fee attorneys. How does an attorney fee deferral work? Attorney […]

What Types of Cases Can Benefit From a Non-Qualified Settlement?

Structured settlements are a tool for claimants involved personal injury, wrongful death, and workers’ compensation cases. By structuring settlement proceeds into a series of periodic payments, claimants can take advantage of a number of benefits, including a long-term source of tax-free income. But what if your settlement isn’t from an injury case? Can you still […]

Plaintiff Attorneys: Are You Missing Out on Deferred Fees?

  Most plaintiff attorneys are familiar with the advantages of structured settlements for their injured plaintiffs. What many attorneys don’t consider are the benefits of deferring fees. Contingency fee attorneys have the unique opportunity to use attorney fee deferrals as a building block for a successful estate planning strategy. In order to reap the benefits […]