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Plaintiff Attorney Fee Structures

Benefits of Choosing to Structure Your Attorney Fees:

  • Defer Income Taxes*
    Taxes on structured fees may be deferred until payments are received. The payments are reported on Form 1099 in the year payment is made
  • Helps Settle a Case
    Structuring your fees can help settle a case because the defendant can get a full release of liability through a third-party assignment
  • Stand-Alone Structured Settlement and Assignment Available
    If the claimant is eligible for a structured settlement but chooses not to structure, you can still structure your fees

Flexible Design

  • Payment Frequency
    Choose the frequency of your payments, such as monthly, quarterly, annually and deferred lump sums. First payment on the contract may even be deferred up to 20 years (or longer in certain cases).
  • Choose Payments to the Individual Attorney or to the Law Firm
    Payments to Individuals - Choose payments guaranteed for life or a specific period of time when payments are made payable to the individual attorney in his or her own name rather than the law firm. Rated Ages, which may increase the benefit amount for attorneys with medical impairments, are also available when payments are made to the individual attorney.
    Payments to Law Firms - Payments may be made payable to the law firm, provided the firm signs a hold harmless agreement that indemnifies the Life Insurance Company in the event of a dispute within the firm. Benefits quoted must be for certain periods or lump sums only. Life contingent payments and rated ages are not available when payments are made to a law firm.

*The information contained herein is our understanding of current laws as they relate to annuities and life insurance. These laws are subject to change in the future. Please consult your personal advisor for any needed legal, tax, or accounting advice.


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