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Hi, this is Greg Maxwell with Amicus Settlement Planners. I want to answer a commonly asked question regarding attorney fee deferred compensation plans, and that is: What happens to my plan once I pass away? So, you will name beneficiaries on your plan just like you would in a 401k plan or other retirement account. So, if thats your spouse or your children, when you pass away, they essentially step into your shoes and have all the same rights that you do in the plan, so they can elect to start receiving payments or continue to defer them just like you had the right to do. So, thats a really nice planning strategy for transferring wealth to your spouse or transferring wealth to your heirs after you pass away. The other nice thing about these deferred compensation plans is in your estate evaluation. If youre in a situation where youre going to pay an estate tax, theres generally a discount thats applied to the value in the deferred compensation plan, because you dont have immedi