Law Firm Form For Lottery Winners In Maricopa

State:
Multi-State
County:
Maricopa
Control #:
US-00442BG
Format:
Word; 
Rich Text
Instant download

Description

There are various types of attorney fee arrangements such as time based, fixed, or contingent. Time based means a fee that is determined by the amount of time involved, such as so much per hour, day or week. Fixed means a fee that is based on an agreed amount, regardless of the time or effort involved or the result obtained. Contingent means a certain agreed percentage or amount that is payable only upon attaining a recovery, regardless of the time or effort involved.


With a contingent fee arrangement, the lawyer receives no fee unless money is recovered for the client. Upon recovery, the lawyer is paid an agreed-upon percentage, usually ranging from an amount equal to 25 to 50 percent of the amount recovered. A written fee agreement should specify the costs and expenses to be deducted and whether such costs and expenses are to be deducted before or after the contingent fee is calculated. Contingent fee agreements are generally not permitted for criminal cases or domestic relations matters.


Even if there is no recovery, however, the client is still responsible for court costs (filing fees, subpoena fees, etc.) and related expenses, such as telephone charges, investigators' fees, medical reports, and other costs.


This form is a fairly typical contingent fee agreement

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  • Preview Contingency Fee Agreement with an Attorney or Law Firm
  • Preview Contingency Fee Agreement with an Attorney or Law Firm
  • Preview Contingency Fee Agreement with an Attorney or Law Firm

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FAQ

By mail, send a winner claim form, winning lottery ticket and a copy of a government-issued ID to P.O. Box 2913, Phoenix, AZ 85062.

While experts often encourage you to keep a massive lottery win quiet, you may not have the chance to do so, depending on where you live. Numerous states that participate in both Powerball and Mega Millions are required to publicly identify winners of such large lottery payouts.

Lottery winners in Kansas, Maryland, and North Dakota also have the option to remain anonymous, regardless of the size of their prize. Other states that allow winners to remain anonymous include Delaware, Mississippi, South Carolina, Montana, New Jersey, and Wyoming.

For prizes $100,000 or more you may request to remain permanently anonymous. If you do NOT make this request, your name will remain confidential for ninety (90) days after you claim your prize (the “Ninety- Day Period”) A.R.S. § 5-573(D).

Apart for prizes of $100,000 or more, under Arizona law, your name, and city and county of residence are not confidential. For prizes $100,000 or more you may request to remain permanently anonymous.

Using an LLC: - An LLC, or Limited Liability Company, is a legal entity that provides separation between the owner(s) and the company itself. It can be used to claim lottery winnings and maintain anonymity.

Once all necessary paperwork has been received, please allow approximately two weeks for processing. If You Are Part of an Office Pool: Every member of the pool must be 21 years of age or older to play or redeem Lottery games.

In ance with Arizona Revised Statute (A.R.S.) §5-573(D), winners of $100,000 or greater may elect to keep their name permanently confidential. Information regarding the prize winner's city and county of residence is not confidential. A prize winner may voluntarily consent to the disclosure of their name.

Asset Protection: A lawyer experienced in asset protection can help shield your winnings from potential creditors or lawsuits. Family Law: If your situation might involve family disputes (like divorce or inheritance claims), consider a lawyer with experience in family law.

This is the second-largest Mega Millions jackpot won in Arizona history, following a $414 million win by a Glendale resident on June 9, 2020. A family in Lake Havasu City won $108 million on Oct. 22, 2021.

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Law Firm Form For Lottery Winners In Maricopa