ATTORNEY FEE DEFERRALS
Plaintiff attorneys have the option of
placing all or a portion of their
contingency fees in different forms of
tax-favored investments. By doing this,
an attorney may also defer the tax
obligation by electing to delay
payment of fees until the year in
which payments are distributed.
Medical negligence is the third leading cause of death in the United States. In some unfortunate cases, health care providers can do more harm than good. In this instance, injured patients or the families of deceased patients can sue for medical malpractice. A structured settlement is a common way to compensate family members who claim loved ones were victims of medical malpractice.
Structured settlements are often distributed as repayment for personal and financial loss from claims of wrongful death and medical malpractice. A negotiated settlement is a reliable financial tool that distributes a steady stream of income to reduce financial debt and provide financial stability for plaintiffs and their families.