Personal injury lawyers often call us and ask this question: "When is the right time to get a settlement planner involved in a case?"

The answer is: the earlier, the better. In this episode, Greg Maxwell of Amicus Settlement Planners shares why it's helpful to get a settlement planner involved early in the case life cycle.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

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⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

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LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

Greg Maxwell of Amicus Settlement Planners highlights the tax-exempt status of Structured Settlement Annuities. Internal Revenue Code § 104(a)(2) and Internal Revenue Code § 130 discuss the taxation of personal, physical injuries and qualified structured settlement annuities.

In addition, Greg Maxwell shares some examples of situations where the tax-exempt status of Structured Settlement Annuities can be particularly helpful/important.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

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YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

Can Receiving a Settlement Jeopardize a Client's Government Benefits? Greg Maxwell of Amicus Settlement Planners discusses the impact that receiving a legal settlement may have on a client's government benefits (like Medicaid, SSI, and other benefits).

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

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YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

When personal injury lawyers work with clients who are less financially sophisticated, it's obvious they would benefit from some settlement planning advice. However, even clients who have experience handling money benefit from sitting down and reviewing their future needs and goals.

In this episode, Greg Maxwell highlights why settlement planning is beneficial for ALL your clients.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

Facebook: https://amicus.llc/FB-Page

YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

At Amicus, we often use the term "Settlement Planning" — but realize that phrase isn't widely used.

Greg Maxwell defines "Settlement Planning." Settlement planning is a detailed, comprehensive look at a personal injury recipients' financial situation with specific recommendations designed to help a client be in the best possible financial position after receiving settlement proceeds.

Settlement planning involves allocating the net recovery from a legal settlement to maximize the ability of the recipients and their guardians to meet their needs and goals. Settlement planning should end in a transition to a more permanent financial planner that will assist the claimants to take control of their financial future. By setting financial goals, developing and implementing financial strategies, and monitoring progress on a regular basis, the likelihood of achieving financial goals is greatly increased.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

Facebook: https://amicus.llc/FB-Page

YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

To schedule a 30-minute call with Greg Maxwell, please visit: https://go.oncehub.com/call-with-greg-maxwell

In this special episode, attorney Greg Maxwell shares a powerful tax planning strategy that allows plaintiff attorneys to significantly reduce their income taxes by deferring their contingent legal fees.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

Facebook: https://amicus.llc/FB-Page

YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

To schedule a 30-minute call with Greg Maxwell, please visit: https://go.oncehub.com/Greg30MinCall

In this special episode, attorney Greg Maxwell shares with attorneys a powerful tax planning strategy that can significantly increase their client’s after-tax net recovery while providing them with liability protection and peace of mind.

Tune in to learn how this strategy can benefit both clients and attorneys in employment and labor law cases.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

Facebook: https://amicus.llc/FB-Page

YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles

To schedule a 30-minute call with Greg Maxwell, please visit: https://go.oncehub.com/Greg30MinCall

Since the Tax Cuts and Jobs Act of 2017, plaintiffs have been taxed on the full gross recovery in cases not based on personal injury (including the attorney fees). We call this the Plaintiff Double Tax Trap.

This special episode shares a powerful tax planning strategy that can help clients avoid paying the Plaintiff Double Tax Trap — which can double or triple the client's after-tax net recovery.

Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode.

— Rate & Review the Podcast ⁠—

https://amicus.llc/review

⁠— Join the Personal Injury Attorney Facebook Group ⁠—

Join our Facebook group to connect with attorneys nationwide and learn how to grow, improve, and streamline your practice.

Click here to join: https://amicus.llc/Attorney-Group

⁠— YouTube Content ⁠—

To view our Settlement Planning Quick Tip series, visit: https://amicus.llc/QuickTip

You can subscribe to the Amicus Settlement Planners YouTube channel by clicking here: https://amicus.llc/You-Tube

⁠— Contact Amicus⁠ —

Website: https://www.AmicusPlanners.com/

Email: Contact@AmicusPlanners.com

Phone: (801) 683-7362

⁠— Follow us on Social Media⁠ —

Twitter: https://amicus.llc/Amicus-Twitter

Facebook: https://amicus.llc/FB-Page

YouTube: https://amicus.llc/You-Tube

LinkedIn: https://amicus.llc/Linked-In

⁠— Blog Content ⁠—

To read our latest articles and see our latest settlement-related content, visit the Amicus Settlement Planners blog: https://amicus.llc/Articles