Are all personal injury settlements structured and how?
The injured person has a brain injury and a c2 c3 fusion
as well as shoulder rib and hip fractures. Wondering how
the future will work out financially for someone who will not
return to work at 50 years of age?
Public Comments
- No, not all are structured, particularly if the liability limits were low.
It's going to depend on a whole bunch of factors, you should talk to your attorney or agent for case specific information.
- First, there is no real need for an Attorney if you do your homework. You can save the fee of 331/3 to 50% of the settlement.
You want to find out what the liability limit is. That is the most the settlement could ever be for However, what a structure will do in a settlement is provide steady payments monthly, or a one lump sum in years to come. At the age of 50 a structured settlement may not be of advantage.
The adjuster that is offering this to you should have a few options to offer. BUT REMEMBER YOU CAN TAKE THE CASH SETTLEMENT AND INVEST AS YOU PLEASE.
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