Both sides of a personal injury case can benefit from a properly designed structured settlement. The ultimate goal of a settlement is to meet the needs of the injured party. Sounds great -- but in many negotiations, demands and offers are so far apart that valuable time and money are wasted in the interim. By focusing on a customized payment stream, the starting point of the negotiation bypasses the posturing and politics that detract from the ultimate goal.

Structuring Attorney Fees

Along with the settlement, attorney fees can be structured. There are some restrictions on this option, but there are important advantages as well.

• Income stream to match planned business and personal expenses
• Stable income stream with guaranteed payments
• No management fees or expenses
• Low investment risk
• 1099 reporting in the year the payment is made

You can find many pertinent articles at the National Structured Settlement Trade Association (NSSTA) web site.

Please contact us if we can answer any further questions about this option.

Tax related questions should be directed to your tax advisor.