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Is it possible to designate a beneficiary for future payments in the event of a premature demise?

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Is it possible to designate a beneficiary for future payments in the event of a premature demise?

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Yes, it is possible to have a structured fee pay a beneficiary on a tax-deferred basis. It is important to thoroughly discuss the beneficiary designation prior to concluding the structured fee because many life companies will not allow you to change beneficiaries in the future. For this reason, the estate of attorney should be considered as the beneficiary.

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