In part two of Ringler Radio‘s podcast on non-qualified structured settlements, host Larry Cohen and co-host Cindy Chanley talk with returning guest, tax attorney Robert Wood from Wood LLP, about the tax implications of structuring a settlement in a non-qualified case such as divorce, disability or environmental, versus taking a cash lump sum.

Visit Ringler to contact a consultant in your area about structured settlements.

Unlike physical injury cases which receive tax-free status in a structured settlement, cases such as age and race discrimination, sexual harassment, wrongful termination and divorce do not. Yet claimants can still structure these non-qualified cases and do so with an advantageous tax outcome. On this first part of a 2-part edition of Ringler Radio, host Larry Cohen welcomes co-host Cindy Chanley and returning guest, tax attorney Robert Wood from Wood LLP, to explore the arena of non-qualified settlements and how the recent tax reform act is having an impact.

Visit Ringler to contact a consultant in your area about structured settlements.

There are important benefits for trial lawyers using a deferred compensation plan when it comes to their contingent fees. How does it work and are there any restrictions for plaintiff attorneys who want to structure their fees? Ringler Radio host, Larry Cohen is joined by co-host Doug Merritt and special guest, nationally recognized tax attorney Robert W. Wood from the firm of Wood & Porter in San Francisco, to discuss the requirements and answer the questions that could help trial lawyers manage their incomes.