![]() |
|
Structured Settlements |
Attorney FeesDid you know that when you structure all or part of your fees through a Structured Settlement, you reap some of the same benefits as your clients? As a Personal Injury Attorney, you already know that a Structured Settlement gives your clients the money they need, when they need it, thanks to the guaranteed, periodic payments provided under a qualified Structured Settlement. But using a Structured Settlement for your attorney fees is also a smart financial planning decision since the proceeds may be tax-deferred and provide you with more money over time than a lump sum fee. Select any of the links on the left to learn more about Structured Settlements, to find out why FSS is known for best-in-class service, or to determine if a Structured Settlement is the right solution for you. Benefits of Structuring Attorney FeesStructuring all or part of your fees may reduce your current taxable income and offers a secure way to set aside income for your own future needs. By Structuring Attorney fees, you can:
Guidelines for Structuring Attorney FeesStructuring Attorney fees is similar to the structure solution available to their clients. In most cases, Attorney fees can be structured on a stand-alone basis, but need to be established before or concurrent with their client settlement. Structuring Attorney fees requires specific documentation and you should always consult a tax advisor before structuring your fees to ensure compliance with IRS tax requirements. Why FSS?We believe in matching each client's needs with the best solution possible. At Financial Settlement Services (FSS), we take a holistic, life management approach, working with each client to ensure we have created a plan that addresses their future needs. Our first priority is to understand the Attorney's future financial needs and concerns and then create customized and unique solutions that give them peace of mind knowing that their fees will be there to meet those needs. Our TeamOur team averages 10 years experience in the Structured Settlement industry. In addition to their Structured Settlement experience, our dedicated professionals have diverse backgrounds in casualty claims, Workers' Compensation, commercial liability, law and finance. Our team has a wealth of knowledge and experience that enables us to better serve our clients. At FSS, we deliver superior service to achieve maximum satisfaction and client benefit. Customized OfferingFSS creates a customized package based on an individual needs assessment that takes financial and future goals into account. Our primary goal is to maximize our clients' settlement dollars using annuities from our highly rated Life Company partners. Best-In-Class ServiceOur reputation for service is second to none. We get involved early in the process and work hard to ensure that the process is easy to understand, timely and worry-free for our clients. Our large support staff allows us to quickly and accurately prepare and submit the required documents- allowing us to deliver exceptional service even through the post-settlement process. Financial StrengthWe work only with highly rated life insurance companies as our Partners to ensure financial dependability. Contact us to learn more. Financial Settlement Services is a division of Nationwide Mutual Insurance Company. The information is not intended to provide legal or tax advice. Due to various tax codes and regulations, you should always seek independent legal and tax advice. |