Attorney Fee Deferment

While structured settlements are an excellent tax free option for personal injury claimants, they are also available for contingency fee attorneys except they are tax deferred. Using an attorney fee structure, all or part of your attorney fee can be deferred pre-tax and paid over time. With an attorney fee structure, you will receive the same tax-deferral benefits as a Qualified Pension Plan without all the hassle of having to adhere to the requirements of a qualified plan including how much you can put in per year, when you can distribute it without penalties, and having to match for employees. With an attorney fee structure your benefits can begin whenever you so choose. In addition, spreading fees over several years avoids a higher tax bracket, allows the money saved in taxes to be invested in one of the numerous ESS attorney fee structure options and defers taxation to when the benefits are actually distributed to you.