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"Their track record speaks for itself: Millennium Settlements is an indispensable resource that every attorney should absolutely consider for their clients."

Marc Bern, Esquire
Napoli Bern Ripka, LLP
New York, NY

 

Structured Attorney Fees

While structured settlements are an excellent option for personal injury claimants, they are also available for counsel except they are tax deferred, not tax free. Using a fee structure, all or part of your attorney fee can be deferred pre-tax and paid over time. With an attorney fee structure, you will receive the same tax-deferral benefits as a Qualified Pension Plan without all the hassle of having to adhere to the requirements of a qualified plan including how much you can put in. Benefits can begin whenever you so choose. In addition, spreading fees over several years avoids a higher tax bracket and allows the money saved in taxes to be invested at little or no risk with no money management fees.

In addition, there are two other unique options we provide exclusively that should be considered if you want to elect deferral of your attorney fees. A traditional tax-deferred structured settlement can be paired with a business loan to give liquidity and flexibility to the plan. Another option is a product that allows for tax deferral with complete control over the investment decisions and access to the funds at any point in time.

 

 

Millennium Settlements
3500 Financial Plaza, 4th Floor
Tallahassee, Florida 32312
(800) 573-8853 | (850) 894-4265 | (850) 894-4269 (fax)

 

 

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