Albert Lee Crosner
Albert Lee Crosner, Personal Injury Lawyer - Manhattan Beach, CA
Posted about 3 years ago.

Terrific analysis and approach as to potential tax consequences.

Josh P Tolin
Josh P Tolin, Medical Malpractice Attorney - Saint Louis, MO
Posted about 3 years 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, Brain Injury Lawyer - Houston, TX
Posted about 3 years ago.

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

Josh P Tolin
Josh P Tolin, Medical Malpractice Attorney - Saint Louis, MO
Posted about 3 years ago.

Thank you. Great advice.

Josh P Tolin
Josh P Tolin, Medical Malpractice Attorney - Saint Louis, MO
Posted about 3 years 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 about 3 years ago.

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