At Injured Workers’ Law Firm, our Richmond structured settlement attorneys are experienced and reliable advocates for injured workers and their families. We take on a limited number of cases to ensure that each and every one of our clients receives the personalized representation that they deserve. If you have any questions or concerns about structured settlements, we are more than happy to help. To request a confidential consultation with a top-rated Virginia workers’ comp attorney, please call us at (804) 755-7755 or reach out to us directly online.
Virginia Workers’ Compensation: Structured Settlements
The Virginia Workers’ Compensation Act compels employers in the Commonwealth to provide no-fault workers comp insurance coverage to their employees. If you are hurt on the job, you are entitled to, at a minimum, medical benefits and wage loss compensation. With a more serious injury, workers’ comp may be available for permanent loss of a body member and/or lifetime disability benefits.
In these cases, you may want to consider negotiating a viable settlement. A structured settlement is a tool that injured workers can use to resolve a claim and receive financial support on terms well-suited for their needs. For a number of different reasons, an injured worker may prefer a structured settlement over a lump sum payment. Some benefits include:
- Guaranteed, predetermined payments;
- Payments that are exempt from income taxes and other taxes; and
- Ability to customize a settlement to suit current and future obligations.
In the late 1990s, federal lawmakers reformed the tax code to clarify that these payments are not taxable. For this reason, a structured settlement can be a useful way to try to resolve a workers’ comp case. At the same time, it is imperative that injured workers are able to access the full and fair financial compensation that they deserve. An experienced Richmond, VA workers’ comp lawyer can help.
You Can Rely on Richmond Workers’ Comp Lawyer Michele Lewane
The workers’ compensation claims process is complex. With more than three decades of experience, Michele Lewane is a strong advocate for injured workers. She founded the Injured Workers’ Law Firm with a mission of protecting hardworking people. When you reach out to our Richmond office, you will have an opportunity to consult with a Virginia workers’ compensation attorney who will:
- Take the time to comprehensively review and analyze your case;
- Answer your questions about structured settlements;
- Investigate your claim—compiling relevant evidence and information; and
- Represent you in settlement negotiations.
We are different from your typical workers’ comp law firm. We put a tremendous amount of time and energy into educating people and providing information. If you want to learn more about structured settlements or your rights in general, we encourage you to get your free copy for our e-book: The Ultimate Guide to Workers’ Compensation in Virginia.
Call Our Richmond, VA Structured Settlement Attorneys Today
At Injured Workers’ Law Firm, we have the skills and experience to handle the full range of issues related to structured settlements. If you have questions about work injuries and structured settlements, we are more than ready to help. Contact us today at (804) 755-7755 for a confidential case evaluation. From our office in Richmond, we represent injured workers throughout Central Virginia.