Maximizing Settlements in Employment and Discrimination Cases

Jeremy Babener
Jeremy Babener
Structured Consulting

Jeremy consults for plaintiffs and plaintiff lawyers on settlement issues. He serves on the legal committees of the three national settlement planning associations, and previously served in the U.S. Treasury’s Office of Tax Policy.

Greg Maxwell
Greg Maxwell
Amicus Settlement Planners

Greg Maxwell, Esq., CFP®, advises plaintiff firms across the country on settlement planning, special needs planning, and income tax planning. He previously served as President of the Society of Settlement Planners.

On-Demand: November 6, 2023

This class is included in the Federal Bar Association CLE Pass

Subscribe to Federal Bar Association CLE Pass...
Co-Sponsored by myLawCLE
Get this course, plus over 1,000+ of live webinars.
Learn More
MCLE Credit Information:

Select Your State Below to View CLE Credit Information

1 hour CLE
Tuition: $95.00
Training 5 or more people?

Sign-up for a law firm subscription plan and each attorney in the firm receives free access to all CLE Programs

Program Summary

Plaintiffs are taxed when settling lawsuits for employment and discrimination. With minimal settlement language, they can often avoid tax on portions of their recovery. When they can’t deduct their legal fees, they can use trust solutions that have the same effect. And to defer and reduce tax, they can use a structured settlement. This presentation will walk through their many options and the steps necessary to implement.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

  • Needed settlement language in taxable cases
  • Ways to minimize employment and income tax
  • What to do when plaintiff can’t deduct legal fees

Date / Time: November 6, 2023

Closed-captioning available

Speakers

Jeremy-Babener_Structured-Consulting_FedBarJeremy Babener | Structured Consulting

Jeremy consults for plaintiffs and plaintiff lawyers on settlement issues. He serves on the legal committees of the three national settlement planning associations, and previously served in the U.S. Treasury’s Office of Tax Policy.

 

Greg Maxwell_FedBarGreg Maxwell | Amicus Settlement Planners

Greg Maxwell, Esq., CFP®, advises plaintiff firms across the country on settlement planning, special needs planning, and income tax planning. He previously served as President of the Society of Settlement Planners.

Agenda

I. Needed settlement language in taxable cases | 2:00pm – 2:20pm

II. Ways to minimize employment and income tax | 2:20pm – 2:40pm

III. What to do when plaintiff can’t deduct legal fees | 2:40pm – 3:00pm

Preview
More CLE Webinars
Trending CLE Webinars
The Corporate Transparency Act Reporting Obligations
The Corporate Transparency Act Reporting Obligations
Law Offices of Jonathan H. (Jason) Warner, P.A.
On-Demand
IRS Penalty Abatement Made Easy
IRS Penalty Abatement Made Easy
Green & Sklarz, LLC
On-Demand
Gun Trust Law (2024 Edition)
Gun Trust Law (2024 Edition) Fri, November 8, 2024
On-Demand
Live Replay
Revocable Living Trusts from Start to Finish (2024 Edition)
Revocable Living Trusts from Start to Finish (2024 Edition) Thu, November 21, 2024
On-Demand
Live Replay
Lawyers Serving on Boards
Lawyers Serving on Boards
Howard Brod Brownstein, CTP.
Essential Accounting Principles Every Attorney Should Know
Essential Accounting Principles Every Attorney Should Know
LaPorte CPAs & Business Advisors
On-Demand
Creating a Trial Notebook: From A - Z (Including 1hr of Ethics)
Creating a Trial Notebook: From A - Z (Including 1hr of Ethics) Tue, November 26, 2024
On-Demand
Live Replay
Tax Opportunity Zones (2024 Edition)
Tax Opportunity Zones (2024 Edition)
Blank Rome LLP
On-Demand
Litigating Libel and Defamation Cases
Litigating Libel and Defamation Cases
Callahan & Blaine, APLC.
On-Demand
Will Drafting 101 (2024 Edition)
Will Drafting 101 (2024 Edition)
Partner, Davenport Evans Lawyers
On-Demand
Upcoming CLE Webinars
The Emerging AI Use Cases for Large Law Firms
The Emerging AI Use Cases for Large Law Firms Thu, November 7, 2024
Live Webcast
2024 IRS Representation Conference [2-Day Event]
2024 IRS Representation Conference [2-Day Event] Thu, November 7, 2024
Live Webcast
Dealing With Clients’ Emotional Needs
Dealing With Clients’ Emotional Needs Fri, November 8, 2024
Live Webcast
Gun Trust Law (2024 Edition)
Gun Trust Law (2024 Edition) Fri, November 8, 2024
On-Demand
Live Replay
Attorney Billing 101 (2025 Edition)
Attorney Billing 101 (2025 Edition) Wed, November 13, 2024
Live Webcast
Playing Defense at 30(b)(6) Depositions (2024 Edition)
Playing Defense at 30(b)(6) Depositions (2024 Edition) Thu, November 14, 2024
On-Demand
Live Replay
The Current State of Play of Carbon Credit Markets
The Current State of Play of Carbon Credit Markets Fri, November 15, 2024
Live Webcast
Defending Sex Crimes from Investigation to Trial
Defending Sex Crimes from Investigation to Trial Mon, November 18, 2024
Live Webcast