Tax-Savvy Strategies for Physical Injury Cases (2026 Edition)

Jeremy Babener
Jeremy Babener
Structured Legal

Jeremy is a nationally recognized tax expert. He counsels plaintiffs and plaintiff-side law firms on settlement planning, helping to maximize recovery outcomes. He also reviews and structures settlement transactions for trust companies, insurance companies, and other financial institutions.

Peter Darling
Peter Darling
Structured Consulting

Peter Darling is a settlement advisor and former litigation attorney who helps plaintiffs and trial lawyers craft tax-efficient, financially beneficial and strategic settlement strategies. With a career spanning over two decades, Peter’s work incorporates expertise in law, business development, strategy and marketing.

Live Video-Broadcast: March 12, 2026

1 hour CLE

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Program Summary

This program offers a detailed guide of the most important tax considerations in personal injury settlements. We’ll cover why it’s essential to clearly outline the tax treatment of settlement payments in the settlement agreement, especially for emotional distress damages. Jeremy Babener also examines the impact of tax provisions such as the Alternative Minimum Tax (AMT), Net Investment Income Tax (NIIT), and the Kiddie Tax, and discusses how structured settlements can help offset these burdens. Attendees will be reminded to address tax implications early in the case, as early-stage decisions can significantly influence a plaintiff’s tax exposure.

Key topics to be discussed:

  • Tax classification of settlement proceeds
  • Deductibility of medical and legal costs
  • Tax implications of lump sum vs. structured settlement options

This course is co-sponsored with myLawCLE.

Date / Time: March 12, 2026

  • 2:00 pm – 3:00 pm Eastern
  • 1:00 pm – 2:00 pm Central
  • 12:00 pm – 1:00 pm Mountain
  • 11:00 am – 12:00 pm Pacific

Closed-captioning available

Speakers

Jeremy Babener | Structured Legal

Jeremy is a nationally recognized tax expert. He counsels plaintiffs and plaintiff-side law firms on settlement planning, helping to maximize recovery outcomes. He also reviews and structures settlement transactions for trust companies, insurance companies, and other financial institutions.

Jeremy has worked across a broad spectrum of cases and settlement sizes, including individual claims, mass torts, and class actions. His role often includes drafting and refining settlement terms, proposing tax-efficient and financial strategies, and negotiating their adoption with defense teams.

He has developed and evaluated financial vehicles, trust arrangements, and income deferral solutions. Among these is the Plaintiff Fund Charity, a no-cost program that protects plaintiffs’ Medicaid eligibility when they fundraise for medical needs.

Jeremy is a member of the AAJ Public Education Committee, the ABA TIPS Plaintiffs’ Practice Committee, and chairs the Legal Committee of the Society of Settlement Planners. Earlier in his career, he served as a Fellow in the Office of Tax Policy at the U.S. Treasury Department. Through Structured Consulting he trains settlement planners how to issue spot for value-focused strategies and how to implement arrangements.

He frequently speaks on settlement taxation and ethics at law schools such as NYU School of Law and the University of Chicago, contributes articles to Forbes, Bloomberg, and the ABA, and shares his insights on CNN, Fox News, and CNBC.

 

Peter Darling | Structured Consulting

Peter Darling is a settlement advisor and former litigation attorney who helps plaintiffs and trial lawyers craft tax-efficient, financially beneficial and strategic settlement strategies. With a career spanning over two decades, Peter’s work incorporates expertise in law, business development, strategy and marketing.

He began his career as an advertising copywriter under Peter Arnell at Arnell/Bickford Associates, contributing to major campaigns for clients like Donna Karan and Lifetime Television and winning the J. Walter Thompson copywriting competition.

After earning his J.D. from the University of Pennsylvania Law School Peter practiced commercial litigation before co-founding Flycast Communications in 1997. Flycast grew to 350+ employees, went public, and was sold for $750 million. He has been on the founding teams of two more venture-backed startups: ComScore Networks and Hercules AI, as well as consulting with dozens more. Peter later launched a consultancy focused on strategy, marketing, and business development for professional services firms, advising leading law and advertising firms across the U.S.

Peter has worked with companies across Asia, Europe, and North America. He holds a B.A. with honors in English Literature from Swarthmore College and is a certified Kauffman FastTrac trainer, speaker, and published author in the legal and consulting industries.

Agenda

I. Tax classification of settlement proceeds | 2:00pm – 2:20pm

II. Deductibility of medical and legal costs | 2:20pm – 2:40pm

III. Tax implications of lump sum vs. structured settlement options | 2:40pm – 3:00pm

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