Trial lawyers have available one of the key tax planning tools for moving income into future years, the structured legal fee. This is an annuity funded payment program, established at the time of settlement, in which a lawyer can spread out the income and thus the tax hit on large legal fees.
In this weeks edition of Speaking of Settlements, Mark Wahlstrom looks at the use of structured attorney fees in this high income tax world we live in and how lawyers can get off the debt cycle, fund their retirement plans and reduce current year taxes in the process.
To learn more about structured attorney fees or Mark Wahlstrom's services, go to wahlstromandassociates.com and find out what your tax planning options are using a structured legal fee program.
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