Attorneys

A Team Approach.

We recognize the need for comprehensive settlement solutions.

Comprehensive Settlement Solutions

AVITAS recognizes the need for a comprehensive approach to settlement consulting. We understand the challenges attorneys face every day and have developed a fully managed solution to meet all of your needs.  As a Division of Millennium Settlements, not only can AVITAS offer attorneys assistance on their client's cases but our team also has expertise with deferred attorney fee solutions.  Attorneys who earn contingency based fees have the ability to defer those fees and taxes into future years in order to minimize the tax impact.  Several options exist from the traditional structured settlement annuity to Fee Structure Plus™ . Fee Structure Plus™ (FSP) is an innovative product in which an attorney's contingent fee income is structured to deliver future periodic payments with market-related returns. These funds can be placed in a wide variety of investment strategies that provide potential appreciation for the attorney. Additionally, the attorney can utilize his/her own financial advisor or a trust company to manage the assets.

Settlement Annuities

By using a fee structure, all or part of your attorney fee can be deferred pre-tax and paid over time. With an attorney fee structure, you will receive the same tax-deferral benefits as a Qualified Pension Plan without all the hassle of having to adhere to the requirements of a qualified plan including how much you can put in. Benefits can begin whenever you so choose. In addition, spreading fees over several years avoids a higher tax bracket and allows the money saved in taxes to be invested at little or no risk with no money management fees.

Fee Structure Plus allows the attorney to earn true market related returns.  With FSP, the attorney has the flexibility to allow the funds to be managed by their own personal financial advisor or by an established and reputable trust company that has been designated for the program.  If you want your fees to be invested pursuant to a comprehensive investment plan as decided by you and/or your advisors, but on a fully tax deferred basis, the compounding opportunity provided by FSP cannot be beat!

TFSS

Treasury Funded Structured Settlements (TFSS) offered by Midwest Trust Company is also a structured settlement, but funds the periodic payment obligation with U.S. Treasuries rather than an annuity.  This unique product allows attorneys to structure fees, defer income, defer taxes, and have the security offered by United States Treasuries.  This product is for the attorney who is looking for tax deferral and security.

Leaders in Creative Solutions

With over 30 years of experience, Millennium Settlements brings a wealth of experience and understanding to the legal settlements world--from personal injury cases, employment cases, contract disputes and intellectual property cases. We are happy to work with you on all cases--from very small minor's compromises to nine-figure mass torts; the AVITAS Team has the experience you need to ensure a quick and efficient resolution for your firm and your clients.  We have a comprehensive approach to assisting attorneys, which is why we partner with financial advisors and have partnered with many other related product and service providers. When needed, we will coordinate and manage the teams in areas such as Lien Resolution, Qualified Settlement Funds (468b), Medicare Set-Asides (MSAs), Benefits Analysis, Special Needs Trusts, and much more.

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