Frequently Asked Questions about Structured Settlements
Generally, I am not a fan of structured settlements since it means that an injured worker’s settlement funds are restricted by an annuity. If and when circumstances change, the annuity does not change with the circumstances. In workers compensation settlements, unlike personal injury settlements, you can’t sell your structured settlement. It is part of an …
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Why Should I Consider a Structured Settlement?
Why consider a structured settlement? A structured settlement gives an injured worker the unique ability to design payments tailored for his or her long term needs. Structured settlement payments can accommodate family needs, such as a child’s education. Or, it can be an important role in helping parties to come to an agreed settlement of …
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What is a Structured Settlement?
In simple terms, a structured settlement is a financial tool for injured workers when they settle their workers compensation claim. They choose a structured settlement instead of taking one lump sum payment. Regular payments are then made over a specified frequency and period of time to match your future needs and goals. Financial advantages include: Guaranteed payments …
Insurance Adjusters Are Highly Trained Adversaries
I have been representing injured workers against workers’ compensation insurance companies for the past 20 years. My office has handled hundreds (if not thousands) of cases during this time. By representing hundreds and hundreds of work accident victims over the years, I began to see how the insurance industry deals with victims after they begin …
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Richmond Attorney Looks at Overexertion and Other Top Causes of Workplace Injury
If you have suffered an overexertion injury or any other injury at work, contact a Richmond Workers’ Compensation attorney with the Injured Workers Law Firm. Work injuries caused by overexertion are the most costly type of employment injury, accounting for more than 25 percent of annually distributed Workers’ Compensation payments according to a report. The …
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When Do Temporary Partial Disability Benefits Stop?
If you have suffered an illness or injury that is work-related, you could be entitled to workers’ comp benefits. If your claim is denied or you don’t believe the payments you are receiving are correct, you may need to consult with aRichmondworkers’ comp attorney. The type of benefits an injured worker receives will depend on …
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Richmond Social Security Disability Benefits
Richmond Workers’ Compensation attorney often have to explain to their clients how receiving public benefits from more than one source can affect the amount of money they receive. This is the case when someone is receiving Social Security disability benefits and Workers’ Compensation benefits. Social Security Disability This federal benefits program is funded from the …
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What is a Third-Party Claim?
A third-party claim is a claim filed against the person, machine or other object that caused your injury. For most cases of workplace injuries, Workers’ Compensation will be the only type of benefits you can claim. Workers’ Compensation laws place no blame on either the employee or the employer. Instead, they compensate the injured employee …
What is the first step that I should take after a work injury in Virginia?
The first step you should take after a work injury in Virginia is to immediately report your injury to your employer. Even if you fell and don’t think you need medical attention, you should still report your injury. Your next step is to file a workers’ comp claim. To ensure that your legal rights are …
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How much time do I have to give my employer notice after a work injury?
Talking to a lawyer in Richmond, VA, specializing in workman’s comp injury and workman’s comp cases may assist in understanding the requirements of Workers’ Compensation laws in Virginia. Ideally, employees suffering from a work injury should immediately notify their employer in writing about the accident. Know Your Employer’s Requirements Employers may have their own set …
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