February 24, 2020

Structured settlements may provide financial security, particularly with an injury to a minor. A structured settlement provides an option for periodic payments, rather than a lump sum payment where you receive the full amount. Structures are utilized within personal injury claims on occasion and are more commonly used when there is an injury to a minor. Structured settlements are governed by Minnesota Statutes (MN Stat §549.30). In a structured settlement, the Plaintiff agrees to resolve a personal injury claim by receiving part or all of the settlement in the form of periodic payments, on an agreed schedule, rather than in... Read More