Thank You for the response ! Can you clarify when you said it is up to the parties on the last question? Does this mean the settlement amount and agreement is based on my side agreeing to a structured settlement ?
Another question of mine would be. Does the attorney or insurance companies make any money of structured settlements? Im asking this because he is pushing for this adamantly, and makes me wonder why.
If I go for a Lump Sum is it tax free ? (probably not but worth asking)
I am dissapointed that my attorney would tell me that taking out my cut is against the law without a structured settlement, makes me trust him less now.
Also,He has already presented me with different lifetime benefit plans from a structured settlement firm of his choice, with an initial investment amount that he thinks is right and expects me to choose a plan in the next couple of days. How much control over this do I really have? and what should be my next step in handling this situation the right way. Thanks Again
Thank you for your expertise.
How do I know what part of the settlement amount is pain and suffering? Ive already asked for a document with the settlement amount agreed by both parties signed by the judge, my attorney told me this document wouldnt exist because the final amount decision was agreed over the phone with the judge, is this possible ? Im looking for a document at this point to tell me what amount is pain and suffering and what is something else.. does this document exist ?
Thank you. After receiving a Lump sum is there a law saying I cant Invest in an annuity after receiving it ? I asked this question to my attorney. And his answer was "its against the law".
Also, would you be able to explain why my attorney hesitant to show me paperwork of this "agreement" of both parties, is there any law behind this?(not likely but worth asking)
All Ive seen is a "release" agreeing to a settlement amount, would that release have explained which part of the amount is from pain and suffering?
Is it possible that the whole settlement amount is based off pain and suffering, in other words is there a chance that I could get my cut entirely tax free, is there other cases that this has happened?
Im asking this because, I believe most of the settlement amount was based off my pain, suffering,injuries,and psychological trauma from this accident. Question:Under law,Do injuries fall under pain and suffering ?
You have been amazing sir. I could have not asked for a better expert.
Last Question: I had injuries, pain and suffering, psychological trauma with this accident, are ALL of these compensated tax free ?
THANK YOU ! You will be rated as Excellent Service !!! let me know if I can recommend you in any other way !!!!!
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