Attorney Fee Structured Settlements
Plaintiff Attorneys are one of the few professionals that have the ability to defer the income taxes due on contingency fees. An attorney fee structured settlement that is properly designed can cover a variety of needs such as overhead costs, college plans and retirement income. Unlike traditional retirement accounts, there are no restrictions with regard to age or monetary contributions. The U. S. Court of Appeals for the 11th Circuit affirmed in Richard A. Childs, et al. v Commissioner of Internal Revenue, that attorneys may structure their fees, holding that taxes are payable on structured attorney fees in the year payments are received.
Workers' Compensation & Liability Cases
Structured Annuities offers assistance with the entire Medicare Set-Aside process. From obtaining case information to submitting the set-aside allocation for approval, we can help ensure that you and your client are in compliance. We have formed alliances with some of the foremost experts in the country to provides these services. The Medicare Secondary Payer statute provides that Medicare will always be secondary payer to workers’ compensation and other insurance such as no-fault and liability insurance.