Personal Injury Structured Settlement

April 7, 2010

It is becoming more common in the settlement of large personal injury cases for the settlement to “be structured”. A structured settlement establishes a program whereby the injured person receives a regular predictable series of payments over a period of years instead of a lump sum payment.

These payments can be set up in a manner as to compensate the injury victim over the course of his or her life. Under certain circumstances, the payments from a structured settlement can be paid as an annuity which is placed into a Supplemental Needs Trust. This allows the injured individual to qualify for public benefits such as Medicaid.

For help with a personal injury case if you have been injured you can always  e-mail us or call 800-344-6431.

Picture courtesy of rmbikes.com

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9 Responses to “Personal Injury Structured Settlement”

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