How Is A Personal Injury Settlement Paid Out? Structured Settlement or Special Needs Trust

A case is settled when the defendant or the insurance company decides to pay money in exchange for a signed release.
One way a personal injury settlement is disbursed is through a structured settlement. A structured settlement is when a plaintiff takes part of the settlement now and receives the rest of the settlement at a later time.
Settlements can also be put into a special needs trust. A special needs trust is essential when the plaintiff receives government assistance and doesn’t want the amount of assistance they receive to be reduced because they received a settlement in a lawsuit.
If you have questions about a personal injury settlement or your personal injury claim, please call us at 407-254-4901 or text us at 407-644-4444. You can even email us at [e-mail]. We are always happy to offer a no obligation, free consultation to discuss your case with you.
Reach Out To Us:
Website: www.cullen-hem...
Facebook: / cullenhemphillplc
KZbin: / theflinjuryattorney
Linkedin: / cullen-&-hemphill-plc
Twitter: / cullennhemphill
#personalinjurysettlement #CullenHemphillPLC #TheFLInjuryAttorney