What are the common considerations at play in Personal injury settlement? How about the negotiation rules? Is there a difference between a claim and a lawsuit?
In relation to the question what is a structured settlement? Is the term the same with any other tort action settlement? Does the settlement considerations same in all kinds of personal injuries?
A structured settlement means that the proceeds of the settlement will be paid into a trust or other terms that will pay the injured over a period of time.
The structure can allow the insurance company to pay in periods, making payment easier for them.