articles
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Four Hints For Success When Negotiating An Injury Settlement With Insurance Adjusters
Being injured in a car accident is certainly no fun, and negotiating an injury claim is even less enjoyable. In fact, it can be incredibly stressful, and a mistake on your part could cost you thousands of dollars in settlement money. That is why it's important to have an understanding of how to negotiate with insurance claims representatives. Going into negotiations blindly can leave you floundering and stumbling around, since you are no match for a professional adjuster without obtaining upfront advice.
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What Should You Do With a Personal Injury Settlement Received on Behalf of an Incapacitated Relative?
If your elderly parent is incapacitated so that an inpatient nursing home is the only option for his or her continued care, he or she may already be receiving Medicaid benefits to pay for this care. While receiving a settlement or judgment from the defendant can be a relief, for those dependent upon Medicaid for their care, these types of windfalls can often cause more problems than they solve. Read on to learn more about how special needs trusts (SNTs) can help preserve funds from a personal injury settlement to allow your relative to qualify for care while still providing the money for extras and needs above and beyond what may be provided by a nursing facility.
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