How Structured Settlements and Trusts Work Together to Protect Your Client’s Recovery Long after the Settlement Ends
We hear the same thing from attorneys over and over: I secured a substantial recovery for my client, but I am concerned they are going to blow it. What can I do?
The reasons why they feel that way about their client vary. The client suffered a mild brain injury but isn’t legally incompetent. The client has a history of addiction or a gambling problem. The client has friends or family members who may try to take advantage. The client is not mature or financially savvy. The client is too nice and doesn’t know how to say no. The list goes on.
One method that takes care of clients in any of the above situations is to pair a structured settlement with a trust. A