A Guide to Structured Settlements
FYI Structured Settlement
Unless you have been presented with the option of getting a structured settlement, you probably know very little about what it is. A structured settlement is more than just fodder for late night television ads. It is a way to ensure your financial future.
A structured settlement is a bit more complicated than the late night TV ads might lead you to believe. However, you will quickly find that with the help of your personal injury lawyer and the cooperation of the defendant, you can soon start to receive payments from your case.
Famous Injury Settlements
When you win a large settlement in a personal injury case, you can opt to receive a structured settlement that would pay out over time. There have been several famous personal injury cases that have resulted in structured settlements to the plaintiffs.
Structured settlements offer plaintiffs a way to receive compensation from a personal injury claim over a period of time. For many, this is a great way to help manage the winnings. Most states have laws governing structured settlements and how they are administered.