IFS
IFS


Structured Attorney Fees

Attorneys are increasingly choosing to defer all or a portion of their fees to better manage their income, cash flow and taxes by using structured settlements. In some instances, the attorney fees can be structured even if their client chooses not to take a structured settlement.



Our attorney clients tell us they structured their fees into the future because they can...
  • Defer tax liability to years in which income is received
  • Satisfy future financial and estate planning goals
  • Normalize income over future years for better cash flow management
  • Secure periodic payments assured by highly-rated financial institutions
  • Depend on IFS to have access to every highly-rated financial product for structuring attorney fees

The Internal Revenue Service as issued a Field Service Memorandum that outlines the deferral of taxes on structured attorney fees. Recently, IFS obtained a Private Letter Ruling on Non-Qualified Assignments that holds attorney fee structures in a favorable light. We are happy to provide it upon request. In structuring your income, you will generally sign a Hold-Harmless Agreement and complete tax forms W-9 and W-4P. IFS consultants can provide fast service by supplying all the documentation needed, and we will ensure a seamless process.

Our consultants have created solutions for attorneys and law firms for decades. The experience of our nationwide network of consultants, combined with unparalleled customer service, has earned us our reputation as a trustworthy, well-informed partner with whom to do business. We are a proven resource to be used in your income management, planning and settlement activities.

Our consultants are extremely knowledgeable in developing structured attorney fee plans that meet the requirements of the settling parties and comply with the requirements of the proper fee structure tax planning thanks to their proprietary training programs and state-of-the-art resources. Visit EPS Settlements, SFA, Millennium, and The Mangelsdorf Companies to learn more about the advantages of structuring your fees.