Program Details
2025-12-15 13:00:00
Over 1,000+ webinars
Course Overview
2025-12-15 13:00:00
2h CLE Credits
Intermediate
2
1:00 pm - 1:20 pm ESTThis session covers the default rules under IRC Section 61 and the critical exclusions under Section 104(a)(2) for personal physical injuries. Participants will learn how the origin of the claim doctrine determines taxability and which settlement types qualify for tax-free treatment.
Greg Maxwell
Bryce Maxwell 1:20 pm - 1:40 pm ESTExplore the tax implications when cases go to trial, including the taxation of punitive damages and prejudgment interest. This session also addresses employment settlement considerations, including W-2 versus 1099 allocations and strategies for reducing taxable wage portions.
Greg MaxwellBryce Maxwell 1:40 pm - 2:00 pm ESTLearn how the Banks case requires plaintiffs to report gross recovery including attorney fees, and how the Tax Cuts and Jobs Act and One Big Beautiful Bill Act permanently eliminated deductions for legal fees. This session demonstrates how plaintiffs in taxable cases can lose up to 85% of their recovery to taxes.
Greg MaxwellBryce Maxwell 2:00 pm - 2:10 pm ESTA short break to refresh before continuing with tax reduction strategies.
Greg MaxwellBryce Maxwell 2:10 pm - 2:30 pm ESTDiscover how structured settlement annuities can spread income across tax years to keep clients in lower brackets, and how the Plaintiff Recovery Trust eliminates taxation on attorney fees entirely. Case studies demonstrate how combining these strategies can increase after-tax recovery by nearly 300%.
Greg MaxwellBryce Maxwell 2:30 pm - 2:50 pm ESTThis session explains how contingency fee attorneys can control the timing of fee receipt based on the Childs v. Commissioner decision. Learn the legal foundation that allows attorneys to defer income recognition and reduce tax burdens through strategic timing.
Greg MaxwellBryce Maxwell 2:50 pm - 3:10 pm ESTCompare three powerful options for attorney fee deferral: structured settlement annuities, deferred compensation plans, and executive benefit plans using split-dollar insurance. Case studies show how attorneys can multiply the after-tax value of their fees by three to five times or more.
Greg MaxwellBryce MaxwellGreg Maxwell is an attorney, Certified Financial Planner, and settlement planner specializing in special-needs planning, government benefits planning, financial planning for settling plaintiffs, and income tax planning for attorneys.
Bryce Maxwell is a Certified Public Accountant (CPA) based in Amicus Settlement Planners’ Farmington, Utah office, where he focuses on developing tax-saving strategies for plaintiffs. His work centers on helping individuals reduce tax liabilities through approaches such as structured settlement annuities and Plaintiff Recovery Trusts. Prior to joining Amicus, Bryce held significant accounting and finance roles across major organizations, including Ernst & Young (EY), Rio Tinto, and Cottonwood Residential, where he gained extensive experience in financial management, accounting operations, and strategic planning.
Greg Maxwell is an attorney, Certified Financial Planner, and settlement planner specializing in special-needs planning, government benefits planning, financial planning for settling plaintiffs, and income tax planning for attorneys.
Bryce Maxwell is a Certified Public Accountant (CPA) based in Amicus Settlement Planners’ Farmington, Utah office, where he focuses on developing tax-saving strategies for plaintiffs. His work centers on helping individuals reduce tax liabilities through approaches such as structured settlement annuities and Plaintiff Recovery Trusts. Prior to joining Amicus, Bryce held significant accounting and finance roles across major organizations, including Ernst & Young (EY), Rio Tinto, and Cottonwood Residential, where he gained extensive experience in financial management, accounting operations, and strategic planning.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
