“Structuring fees through Creative Capital has been an integral part of our retirement planning for over twenty years. The ability to defer income, smooth out cash flow and have limitless payout options for future needs makes taking advantage of structured settlements an easy decision for our office. Working with the professionals at Creative Capital makes the process easy and seamless.”
Bisogno and Meyerson, NY
Structured Attorneys' Fees
A tax strategy to defer your income. Approved by the IRS & only available to contingent fee lawyers.
A guaranteed method to defer taxes, grow contingent fees, finance a child’s education, or secure retirement, structured attorneys’ fees are a tax-deferred alternative to receiving a lump-sum fee payment. Like an uncapped 401(k) plan, a structured attorney’s fee provides a guaranteed tax-deferred advantage to suit an attorney’s personal financial needs. Whether or not the plaintiff decides to structure, this tax saving strategy provides for future payments to be made directly to the attorney. Taxes on the deferred portion are paid only in the years of actual receipt.
Why Structure Your Fee?
The Old Way:
In the past you felt secure placing your fee with a professional money manager and comfortable
absorbing the tax hit in the year of receipt.
The combination of the volatility in the financial marketplace and the tax hit has contributed to a substantial loss in the value of your fees.
Whether your client structures or not, a structured attorney’s fee via a highly rated top life insurance company offers:
An Alternative to Market Risk
There’s a Better Way
Utilizing this structured settlement approach not only provides protection, but also the ability to generate triple tax deferred interest.
Money in a settlement annuity earns interest on funds that would have otherwise been lost to taxes in the year of settlement.
Tax deferred interest is earned on:
Taxes deferred at settlement
If you like the idea of an uncapped 401(k) plan, think about deferring your fees for tax advantages and savings. You can structure your fees in physical injury cases and now in taxable settlements too, whether or not the plaintiff takes a structure. And even though your fees are deferred, the defendant is able to deduct the entire amount in year of settlement. Payments are made directly to the attorney.