By Robert I. Feinberg | Published October 30, 2015 | Posted in Personal Injury | Leave a comment
Although there are several considerations that one must consider before hiring an attorney to pursue a personal injury case on his/her behalf, an absolute necessity is to make sure that a lawsuit is brought prior to the expiration of the statute of limitations. This probably does not surprise you as lay people are very familiar with the concept of a statute of limitations.
This blog concerns the issues relating to structured settlements. A structured settlement is a long-term payout. In the appropriate circumstances with certain clients, it should be given consideration. It is essentially an annuity. Because the payouts are made over time, perhaps decades, you need to make sure the funds are being paid by a sufficiently capitalized corporation, one that will be around to make those payments in the future.