|

With
children's injuries, great
care should be taken not to settle claims too early.
While children are indeed resilient, there may be life-long
effects from certain types of injuries. Any scarring should be documented
through detailed photographs because it will only fade with time.
Estimates of potential future medical costs need
to be obtained from qualified experts.
Finally, children's injuries and settlements often need to get
special Court approval and this can be a difficult and time-consuming
process in itself.
Thorough knowledge of and access to structured settlement specialists
is a huge advantage because most insurance companies strongly prefer
to defer payments to minors until they reach adulthood. Deferring
payments to children until they become adults results in a huge
financial advantage, tax free.
and their children
|