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Click ‘Get Form’ to open the sample letter settlement in the editor.
Begin by entering the relevant details in the 'Re:' section, specifying the name of the party involved in the settlement.
In the 'TOTAL SETTLEMENT AMOUNT' field, input the total amount agreed upon for the settlement.
Calculate and enter 'Attorneys Fees' as 25% of the total settlement amount in its designated field.
Provide a detailed breakdown of 'Attorneys Expenses' by filling out each line under 'Itemization of Attorneys Expense', including date, description, and amount for each expense.
Sum up all expenses and enter this total in the 'TOTAL EXPENSES' field.
Finally, calculate and enter the 'BALANCE OF PROCEEDS' to indicate what remains after fees and expenses are deducted.
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