It's one thing to win a big settlement in a lawsuit. It's a whole other matter to manage that money the right way to make it last.That's why there's a growing trend in legal circles to use structured settlements with sizable lawsuit payouts. Instead of a lump sum payment, the settlement can be arranged to provide regular income for the victims for 20 years or more. The advantage for injury victims or other lawsuit victors is that the structured settlement give them greater long-term financial security by assuring them a stream of income for many years.That helps ease one of the main risks of lump sum settlements: That the victim spends or invests the money unwisely and blows through their nest egg in a matter of years, leaving them with continued medical expenses or other costs, without a...
