Hello - This year I reached a settlement with Prudential over my long-term disability policy. That is, they bought me out of the policy after a favorable court ruling. My attorneys, who took my case on contingency, were paid 1/3 of the settlement. Well I just got a nasty shock from my accountant. The new tax law - taking effect this year - eliminates the tax deduction for attorney's fees. That is, I have to pay taxes on the entire settlement, even the 1/3 that never touched my bank account and went straight to the lawyers. This is a big deal for anyone considering a settlement with the help of a lawyer. Please be aware of the new law. I may have eschewed a settlement and tried to force Prudential to pay the monthly benefit if I had been aware of the provision in the new tax law.