Structured settlements are agreements to pay an amount over time. We do not structure settlements, we factor the future payments to offer a present day value lump sum. If you are seeking counsel regarding establishing a structured settlement, please consult your attorney for references.
Mesothelioma is a rare form of cancer directly correlated to the exposure of asbestos, in which abnormal cells line the chest, abdomen and heart. Although there are treatments for the disease, such as radiation and surgery, their success is based on the stage of the cancer and how far it has spread throughout the body. Unfortunately, many people go undiagnosed and untreated for years. In most cases, symptoms for mesothelioma victims don’t even appear until 30-50 years after the initial exposure to asbestos. Furthermore, those who are stricken with the disease may not even realize it because many of the symptoms mimic those of the common cold, such as fever, chest pains, coughing and shortness of breath. In more advanced stages, however, symptoms can include sudden weight loss, abdominal pain, fluid in the lungs and even coughing up blood.
A structured settlement can protect a plaintiff from having settlement funds dissipated, when they are necessary to pay for future care or needs. Sometimes a structured settlement can help protect a plaintiff from himself - some people simply aren't good with money, or can't say no to relatives who want to "share the wealth", and even a large settlement can be rapidly exhausted. Minors may benefit from a structured settlement as well, such as a settlement which provides for certain costs during their youth, an additional disbursement to pay for college or other educational expenses, and then one or more disbursements in adulthood. An injured person who has long-term special needs may benefit from having periodic lump sums with which to purchase medical equipment or modified vehicles.
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The mesothelioma lawsuit recovery process can be a time consuming one, and this is something that claimants or potential claimants need to bear in mind. A settlement is not just going to be handed over when you put in a claim for compensation, and you have to factor in the time that will be needed by you and your lawyer to put together a case, file a lawsuit, and then either wait for a settlement to be offered or wait for the case to be heard in court.
The first step in the mesothelioma lawsuit recovery process is for your case to be put together by a legal professional. You need to find a specialized mesothelioma lawyer or attorney with experience, skills, and a proven track record in the area of mesothelioma litigation. This will make it easier for a tight case to be put together, as an experienced mesothelioma lawyer will have the necessary skills, knowledge, and resources to put together a solid case on your behalf.
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