Understanding Tax Implications: 2020 PG&E Wildfire Settlement

What you need to know about your tax liability as a beneficiary of the $13.5 billion settlement.

Do I have to pay taxes on my PG&E settlement?

Understand the different types of claims, the Fire Victim Trust details, and qualified settlement funds.

How to protect yourself and your family from unknown tax liability.

Don’t take a chance, let us help you navigate correctly.

Duncan Kelm, Enrolled Agent

– Tax Planner

Important Documents related to PG&E Wildfire Claims

Disclosure Statement Supplement

Notice of Confirmation Hearing

Order Approving Disclosure Statement (without exhibits)

Disclosure Statement for Debtors’ and Shareholder Proponents’ Joint Plan of Reorganization

Fire Victim Claim Treatment Plan Summary

Fire Victim Claims Resolution Procedures

PGE Fire Victim Trust Agreement

List of Fires

Fire Victim Trust Portal Documents

FVT Privacy Policy

Quick Start Guide

FAQs

FVT Portal User Agreement

Portal User Manual

Stipulated Confidentiality and Protective Order and Agreement on the Production of Certain Insurance Information

Update Attorney Representation Form

How can the Arrow Point Tax team help you?

You may be coming in to a large amount of money. We will make sure that no stone is left unturned when it comes to your tax obligations.

First, you’ll get a Tax Strategy for $300 ($500 VALUE).

Second, we prepare you to take care of your tax liability and avoid issues with the IRS.

Third, we help you to make the most out of your settlement.

Duncan Kelm, Enrolled Agent

– Tax Planner

When you can’t afford to be wrong

Legal settlements can create complicated tax scenarios – for us, it’s what we do every day. We will work hard to help plan for unknown tax liabilities and prepare you to make the most out of your PG&E wildfire settlement.

Disclosures:

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by AZELLA to provide information on a topic that may be of interest. AZELLA is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.