Structured Fees Advisement

Structured settlements represent a valuable income-tax free settlement option for victims of physical personal injuries. Contingent fee attorneys can also structure their fees except they are tax deferred and not tax-free. Using a structured fee, attorneys can defer all or part of their fee pre-tax and paid over time. With an structured fee, an attorney will receive the same type of tax-deferral benefits as a Qualified Pension Plan without the complications and funding restrictions. Attorneys have payout options including when the benefits begin and end. Spreading fees over several years allows an attorney to avoid a higher tax bracket. The tax money saved can be invested with a secure life insurance company with no money management fees.

TESTIMONIALS

"In my business as a plaintiff’s products liability lawyer, everything begins and ends with our clients. In our firm we never handle a significant case without the assistance of Synergy. Why? Very simple: we trust Synergy with our clients. Yes, Synergy only works with plaintiffs. And yes, they are highly technically proficient and know this business cold. But what makes them different from others is that they listen to our clients, make our clients comfortable with complex issues, and always put the interests of the client first. In my opinion, because of their unique ability to handle people with sincerity and compassion in their time of crisis, they stand head and shoulders above his competition."

Richard Newsome
Newsome Law Firm, Past President of Florida Justice Association

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