I am concerned that, if my family member is given a large settlement, he will spend it quickly on inappropriate things. Is there anything that can be done to provide some security so that the money will last?
A structured settlement might just provide the peace of mind you seek. All or part of the settlement proceeds would be given to a structured settlement broker who would then provide for a guaranteed stream of payments for life. At Share Lawyers, we work with reputable brokers who have extensive experience obtaining the best pay-back structures for clients with long-term care needs and the inability to responsibly handle a large one-time settlement.
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