Thanks to the fiscal cliff and the almost 100% certainty that tax rates for high income earners are about to soar, it is highly likely that the use of structured legal fees, also referred to as structured attorney fees, is going to increase dramatically.
The ability of trial lawyers to use standard structured settlement funding vehicles, such as fixed annuity contracts, to design at settlement guaranteed, predictable cash flows that move taxable income from one tax year into future tax years, is a technique that is going to explode in use according to Mark Wahlstrom, President of Wahlstrom & Associates.
Fiscal cliff or an opportunity to save taxes and build a strong financial plan?
In this video Mark explains how structured legal fees work, the general benefit for lawyers, but more importantly some of the new funding techniques that are being developed that expand on the standard annuity funding and which include the use of equity or stock index strategies to increase future yield potential.
Learn more about structured legal fees and how they might help your personal or professional tax planning in future years. Contact the national structured settlement expert and acknowledged expert in structured legal fees, Mark Wahlstrom.