Structured settlements in medical malpractice cases make good economic sense for the future, but what happens when a cash crunch hits?<\/p>\n
Most structured settlements from court cases are usually in the form of an annuity. However, having said that, it might be necessary for you to have some cash right now. This is something to talk to your personal injury attorney about, as many lawsuits are paying large sums from a jury award over long periods of time.<\/p>\n
Normally, larger injury settlement plaintiffs receive their award in an upfront large amount of cash, with the rest set up to span a period of time ranging from 10 to 30 years or more. The intention is that monthly payments keep the wolf from the door. However, things don’t always happen that way.<\/p>\n
Cash crunches are not always predictable and these days with the rising costs of medical care and treatments, the usual 3 to 5% (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Structured settlements in medical malpractice cases make good economic sense for the future, but what happens when a cash crunch hits? Most structured settlements from court cases are usually in the form of an annuity. However, having said that, it…<\/span><\/p>\n