Written by Jovan Johnson
Convert future attorney fee payments into immediate cash through a court-approved process.
What Are Structured Attorneys Fees?
Structured attorney fees are attorneys fees paid in periodic installments rather than a lump sum. They allow plaintiff lawyers to defer their compensation and tax liabilities. This strategy is typically structured through an annuity or other investment vehicle, providing attorneys with significant tax advantages and a predictable income stream over time. The funding for the structured settlement is paid by the defendant, the defendant’s insurer or from a trust.
Who Sells Structured Attorney Fees
Selling structured fees is helpful for attorneys in a range of situations:
- Plaintiff attorneys and law firms receiving structured attorney fee payments
- Attorneys planning retirement, career, or firm transitions
- Firms seeking liquidity for growth, overhead, taxes, or other substantial liabilities
Options for Selling Attorneys Fees
Attorneys interested in selling their future fees may sell in partial or in full. Partial sales allow for quick funding while maintaining future payments. Full sales allow for a clean exit from the structure.
How the Process Works
You can sell your structured attorneys fees in four simple steps:
- Request a Quote
Provide basic information about your structured fee payments. - Review Your Offer
Evaluate partial or full sale options and select the structure that fits your needs. It is best to consult with a tax professional. - Court Approval
The required court filings are prepared and submitted for approval. - Receive Your Funds
Once approved, funds are disbursed in a lump sum.
Is Selling Structured Attorney Fees Legal?
Yes. Selling structured attorney fees is legal. It’s also common. These transactions are often governed by state Structured Settlement Protection Acts, which require court approval before any transfer of structured settlement payment rights.
As part of this process, a judge reviews the proposed transfer to confirm that it is voluntary, fair, and compliant with applicable law. Court approval is aimed at protecting all parties and ensures the enforceability of the transaction. No, selling attorney fees does not affect the underlying client settlement or reopen the resolved matter.
Take Control of Your Financial Future
Your structured attorney fees gave you tax advantages during your career, but your needs may have changed. Selling your fees could unlock new opportunities.
Call Annuity Freedom today at (877) 547-3672 for a free, no-obligation consultation and discover how much your structured attorney fees are worth.