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How the Plaintiff Recovery Trust Can Help E. Jean Carroll and Others
In this video, we explore the financial implications of E. Jean Carroll's $83 million defamation award against former President Donald J. Trump. Despite the victory, Ms. Carroll faces a significant tax burden due to the "double tax" on her settlement, potentially reducing her net proceeds to just 9 cents on the dollar.
Discover how the Plaintiff Recovery Trust, sponsored by Eastern Point Trust Company and Forward Giving, can eliminate this double tax burden, thereby significantly increasing the net after-tax proceeds for plaintiffs. This innovative trust structure ensures that plaintiffs are not taxed on their attorney fees, offering a potential increase in after-tax recovery by up to 150%.
- Learn about the impact of double taxation on large settlements.
- Understand the benefits of using a Plaintiff Recovery Trust.
- Find out how Eastern Point Trust Company can help maximize your settlement recovery.
Contact Eastern Point Trust Company to learn more about legal and financial strategies to mitigate the plaintiff double tax and maximize your litigation recovery.
Read more: https://www.easternpointtrust.com/articles/liars-damn-liars-defamation-and-double-taxation
Learn about the Plaintiff Recovery Trust: https://www.easternpointtrust.com/plaintiff-recovery-trust
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