Are Structured Settlements More Likely To Be Used In Certain Types Of Cases?
Structured settlements can be ideally suited for many types of cases, including: • Persons with temporary or permanent disabilities; • Guardianship cases that may involve minors or persons found to be incompetent; • Workers compensation cases; • Wrongful death cases where the surviving spouse and/or children need monthly or annual income; and • Severe injury, especially with long-term needs for medical care, living expenses and support of family. Independent surveys show that the more serious the injury, the greater the likelihood that a structured settlement will be used.