Legal fees are taxed to plaintiffs, so they need to be able to deduct them, even with a qualified settlement fund. Despite ...

When the parties to a lawsuit come to an initial agreement on the terms of a financial settlement, it’s easy to think that the attorneys’ hard work is done. The truth is, that agreement act kicks off ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. When a lawsuit settles, the money can be sent to the plaintiff or ...

The path settlement funds take from a defendant to a personal injury plaintiff can radically change how much the plaintiff keeps. Often, slowing settlement negotiations to plan that path, or convince ...