Sexual Harassment & Wrongful Termination

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When sexual harassment and wrongful termination lawsuits are settled, the claimant does not get a deduction for the attorney’s fees.  That means that the claimant must pay taxes on the entire cash settlement before the pay the attorney fees.   On a $1,000,000 settlement, the claimant’s share could be as little as $230,000.

The Challenge: How to get the claimant the most money after paying their taxes.

The Solution: The Pass Tax Structured Settlement lets the claimant spread their payment over a number of years putting them in a lower tax bracket.  If the claimant’s attorney agrees to defer his fees as well the net payout to the claimant can be significantly larger than an all-cash settlement.

Request an illustration and let us show you how it works.