Liars, Damn Liars, Defamation, and Double Taxation

In this quick and insightful video, we explore the double tax burden faced by defamation victims and how it can significantly reduce their net recovery. Using a New York City case study, we demonstrate how a plaintiff recovering $3 million in damages might end up with just $300,000 after taxes—only 10 cents on the dollar.

- Discover the challenges of tax laws that make attorney fees non-deductible for defamation victims.
- Learn about the innovative solution of Plaintiff Recovery Trusts (PRTs) and how they can dramatically improve after-tax recoveries.
- Understand why PRTs are a game-changer for defamation victims seeking to maximize their financial outcomes.

To learn more about double taxation and Plaintiff Recovery Trusts, visit https://www.easternpointtrust.com/.

Read the full article here: https://www.easternpointtrust.com/articles/liars-damn-liars-defamation-and-double-taxation