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Attorney Fee Structures
Schedule eligible contingent fees over time with a properly established attorney fee structure
ATTORNEY FEE PLANNINGAttorney Fee Structures Can Help Schedule Eligible Contingent Fees Over Time
An attorney fee structure may allow eligible contingent fees to be received through scheduled payments rather than as a single lump sum. The arrangement must be established before the settlement is finalized. Tax treatment depends on the specific facts, governing law, and documentation, so attorneys should consult their own tax and legal advisors.
A fee structure can create a scheduled stream of future payments that may help align income with recurring business expenses, education costs, retirement planning, or other anticipated needs. Available payment designs and ownership options depend on the selected product and case documentation.
Planning Flexibility for Eligible Contingent Fees
Evaluate payment timing, product features, and professional advice before making a decision.
Attorney fee structures may support cash-flow, tax, financial, and estate planning when they are properly established. An attorney may be able to structure all or part of an eligible fee even when the client does not choose a structured settlement. Product features, payment guarantees, index-linked interest potential, fees, limitations, and tax treatment vary. Review the applicable product materials and consult independent tax, legal, and financial advisors.
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Chief Sales & Marketing Officer
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Dallas, Texas 75267-9053
Fax: 904-869-0976
Any discussion of taxes herein is for general informational purposes only and does not purport to be complete or cover every situation. Independent Life, its affiliates, its distributors, and its and their respective representatives do not provide tax, accounting, or legal advice. You should confer with your qualified legal, tax and accounting advisors based on your particular circumstances. All guarantees are obligations of Independent Life Insurance Company.