Structured Settlements- When used
settlements are obviously not appropriate in every case.
A simple accident where the injured party is and will be
fully capable, cases where the term of the treatment or care is not
spread out over a long period of time, and where the kind of
injuries are not severe would probably not have a structured
settlements are designed for many other types of cases though
injury where there is long-term treatment requirements, where
future medical costs will necessarily be incurred, and to meet
living and family expenses.
compensation cases where the injured party may not be able to
work or at least work to the earning capacity that they would
otherwise have enjoyed.
or temporary disabilities that will take extensive recovery time
death cases where a surviving family will need a regular income
to replace that of the lost spouse/parent
cases where there are minor children or another person who is
judged to be incompetent such as a person with psychological,
emotional, or mental handicaps
on Structured Settlements
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