Albert Lee Crosner
Albert Lee Crosner, Personal Injury Lawyer - Manhattan Beach, CA
Posted 11 months ago.

Terrific analysis and approach as to potential tax consequences.

Josh P Tolin
Josh P Tolin, Medical Malpractice Attorney - Saint Louis, MO
Posted 11 months ago.

I have never heard of that. It is a very interesting analysis. Do you know if this has happened? I agree with you that is is certainly possible and with the IRS, you just never know.

Richard Kurt Arbuckle
Richard Kurt Arbuckle, Personal Injury Lawyer - Houston, TX
Posted 11 months ago.

Amos v. Commissioner, T.C. Memo 2003-329

Josh P Tolin
Josh P Tolin, Medical Malpractice Attorney - Saint Louis, MO
Posted 11 months ago.

Thank you. Great advice.

Josh P Tolin
Josh P Tolin, Medical Malpractice Attorney - Saint Louis, MO
Posted 11 months ago.

I just spoke to a defense I respect and he said he puts in a clause for $50 in consideration , and has another release indicating language that there is mutual consideration for the confidentiality. He told me only about 10% of the better plaintiff's counsel are aware or even ask for it. My thanks to you for educating me and giving me the cite.

Albert Lee Crosner
Albert Lee Crosner, Personal Injury Lawyer - Manhattan Beach, CA
Posted 11 months ago.

I would also like to thank you for providing this timely message.