Settlement Planning Tips for Personal Injury Attorneys

Hosted by Amicus Settlement Planners

Management Entrepreneurship EducationInterviews guestsExplicit

Website RSS feed

Episodes

Latest episode

Nov 2023

Language

About the show

The Settlement Planning Tips for Personal Injury Attorneys podcast helps PI lawyers navigate the unique legal and financial issues that arise near the settlement of a PI case. Each week, join Greg Maxwell, JD, CFP® of Amicus Settlement Planners, as he answers commonly asked questions and shares practical pointers to maximize the client's recovery while minimizing the lawyer's liability. This attorney-to-attorney podcast discusses government benefits planning, special needs trusts, structured settlement annuities, lien resolution, Medicare Secondary Payer Act compliance, income tax reduction strategies for attorneys, and more!

Listen to episodes

60 recent

February 10, 2020Episode 53 min

When is the Right Time to Bring in a Settlement Planner?

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. — 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

February 3, 2020Episode 42 min

The Tax-Exempt Status of Structured Settlement Annuities

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 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

January 20, 2020Episode 32 min

Can Receiving a Settlement Jeopardize a Client's Government Benefits?

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 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

January 20, 2020Episode 23 min

Settlement Planning for Non-Traditional Clients

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

January 20, 2020Episode 13 min

What is Settlement Planning?

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

November 26, 2023Episode 9919 min

How Employment Attorneys Can Dramatically Increase Their Clients After-Tax Net Recovery

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

November 15, 2021Episode 974 min

Options to Protect Your Client's Medicaid / SSI

Plaintiff attorneys often ask us what the options are for clients to maintain needs-based government benefits after receiving a settlement. In this episode, Greg Maxwell outlines the four main options available to clients on needs-based benefits, discusses the differences between them, and when each of the options may make sense for the client. Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode. ⁠— 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

November 8, 2021Episode 962 min

How to Establish a Structured Settlement Annuity For Your Client

A structured settlement annuity can be an excellent option for a client receiving a settlement from a personal injury. In this episode, Greg Maxwell outlines the process of establishing a structured settlement annuity for a settling client. Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode. ⁠— 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

November 1, 2021Episode 953 min

How to Help a Past Client Get the Best Deal if They Want to Sell Their Annuity

If a past client finds themselves in a situation where they may need/want immediate access to cash, it's not uncommon for them to be tempted by predatory factoring companies. (Think of the commercials with the singing, dancing Vikings...) In this episode, Greg Maxwell discusses how attorneys can help a client who has decided to sell their future annuity payment get the best possible deal. Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode. ⁠— 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

October 18, 2021Episode 934 min

How to Choose a Trustee for a Settlement Protection Trust or a Special Needs Trust?

When we work with a client to set up a settlement trust, one of the most important decisions we make with the client is helping them choose the trustee of the trust. In this episode, Greg Maxwell discusses the two most common trustee options, outlines the important differences between the two, and gives some guidance on what we typically recommend. Contact Greg Maxwell at (801) 683-7362 or at Maxwell@AmicusPlanners.com if you have any questions about this podcast episode. ⁠— 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