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If you have any questions about this video, please call Greg Maxwell at (801) 683-5998, email Greg at [email protected], or book a free 15-minute phone call with Greg at
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Chapters:
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00:00 - Intro
00:45 - Disclaimer
00:59 - Overview
01:20 - Personal Injury Cases
02:20 - Employment Cases
04:04 - Tax Cuts and Jobs Act of 2017
05:23 - Defamation Cases
06:20 - Malpractice Cases
07:05 - Cases with Punitive Damages
08:00 - Tax Strategies
08:41 - Structured Settlements
10:13 - Plaintiff Recovery Trust
11:27 - Case Examples
17:11 - Conclusion
17:50 - Book a Call with Us
18:31 - SettlementTaxCalculator.com
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Video Summary:
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Greg Maxwell breaks down the nuanced tax considerations for five common legal settlement types: Personal Injury, Employment, Defamation, Legal/Tax/Financial Malpractice, and Punitive Damages.
Specific tax laws governing each case are discussed, while introducing two impactful tax planning tools—Structured Settlement Annuities and the Plaintiff Recovery Trust.
Planning for tax savings must occur before the settlement is finalized. We offer free consultations and personalized tax savings analyses to help individuals determine how much they can save using these strategies. We also have a proprietary settlement tax calculator available at SettlementTaxCalculator.com to estimate potential tax savings.
Read More
By: Amicus Settlement Planners
Title: Do You Pay Taxes on Lawsuit Settlements? 5 Common Examples Explored
Sourced From: www.youtube.com/watch?v=pbZRZ038iNc
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