The settlement for your child will be court approved. The judges’ role in most jurisdictions is to assist in the determination of the settlement’s fairness and to safeguard the funds until your child is an adult. If cash is paid in a lump sum, most judges will require the funds be placed in a “protected” … Read More
Special Life Situations
Structuring Education: A Promise That Cannot Be Broken
When a catastrophic event occurs in a child’s life, it’s important to plan carefully to ensure stability for the years to come. Planning for college becomes even more important when the child has already sustained substantial loss. The possibility exists that college funds could be invested poorly, or given to an immature 18 year old … Read More
Structured Settlements for “Boomers” and Seniors
A structured settlement will appeal to an individual who is in or near retirement age, especially if he/she plans to use the settlement proceeds to supplement their income. Typically, such an individual will be risk adverse and attracted to the safety, security, and guarantees inherent in a structured settlement.Another significant factor is that earnings within … Read More