structured settlement

Friday, January 26, 2007

Structured Settlement - Get The Maximum Money For Your Annuity Payments by Himanshu Agarwal

Structured Settlement - Get The Maximum Money For Your Annuity Payments by Himanshu Agarwal

Structured settlements are the financial agreement between two or more parties that plaintiff compromise a statutory cyclic payment contract.

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.

Choosing the right specialty finance company to work with is an important decision, and many people do not know where to turn for advice.The SSA only works with the finest direct funding sources, weeding out expensive brokers and fly-by-night companies. You are about to make a very important decision, and the SSA wants to arm you with the right information to do so.

The structured settlement alliance helps to make this process easy for you by matching you with the best possible financial institution to handle your settlement, and letting you decide how to proceed -- putting the control where it should be, in your hands. Get the maximum money out of the structured settlement alliance for your structured settlements and annuity payments. And for Free!
About the Author

Structured Settlement Alliance provides detailed information on structured settlements. Get it for free!

Handling a Brain Injury Case by Charles Gluckstein

Handling a Brain Injury Case by Charles Gluckstein

The most complex case a plaintiff's lawyer can face is one where his client suffers a brain injury as a result of an accident. It is difficult because 9 out of 10 traumatic brain injury cases involve injuries that are not visible to ordinary people. So how will a jury believe that your client suffered a brain injury?

Obviously there are the straightforward brain injury cases where the plaintiff suffered a fracture to his or her skull and all agree that there was organic damage which is causing the plaintiff's symptoms.

The problems lie in the case where the physical damage does not show up on CT scans or MRI's. The plaintiff often looks normal, and this appearance can be terribly deceptive. He or she may speak well, and this is an even greater problem to overcome. But the brain, like an atom if broken or split, causes an explosion of misery and pain that is horrendous. When the brain is damaged, there is no tool available for the surgeon to fix it. We depend on nature and the ability to compensate.

Family and friends of the person who suffered a brain injury will feel the devastation sometimes as much or more than the injured party.

The overall objective for a lawyer in a brain injury case is to convince a jury that an organic injury has occurred, that it is permanent, and that it is the main reason for your client's impairment.

When the client visits the lawyer for the first time, the lawyer usually has little or no information about the case. These first meetings are extremely important. Both the client and the lawyer have to like each other right away. Clients, for the most part, are not familiar with the intricacies of the legal system and don't know the lawyer, so they are usually a little apprehensive and uneasy. The lawyer, being familiar with the system and cases like this one, should help put the client at ease.

During the interview, the lawyer thinks of two main issues in an accident case: liability and damages; whereas a client may be thinking of any number of things and is anxious just to tell the entire story. Therefore, the lawyer in an initial interview must be a good listener as well as a persuasive speaker.

Once mutual trust is established, the client and lawyer can work well together.

Finally, the lawyer should satisfy himself or herself that the client has a genuine injury by examining the most reliable evidence. It is essential to speak to the family members and friends closest to your client in order to find out how your client was before the accident. In brain injury cases, you will often hear that your client was high functioning before the collision and now is unable to concentrate in a busy environment. They may also tell you that your client is no longer the same person, lacks motivation and fatigues easily. Finally, you are told that your client's personality has changed, gets frustrated easily and lacks confidence, traits rarely displayed before this accident.

Acquiring Documentation

In building your case for trial, you must obtain all relevant records relating to your client's accident. In brain injury cases, a lawyer will have to assemble massive amounts of documentation. Medical, employment, school and accident benefits documentation will comprise the bulk of such evidence. From the outset, the lawyer must thoroughly investigate the facts surrounding the case.

Evidence of Vehicular Damage

Whenever your client's or the defendant's vehicle is obviously damaged, photographs of the vehicle's damage are powerful. Photos may have been taken by witnesses, newspapers, the client, family members, police or the insurance company for property loss insurance. Any obvious damage to the interior of the car caused by your client's head should be demonstrated visually and discussed by every witness who can do so.

If there is no vehicular damage, a biomechanical engineer, supported by a reconstruction engineer's estimate of speeds, can explain how the force of the collision can cause a brain injury notwithstanding minimal damage.

Photos of Injuries

Not surprisingly, jurors find it easier to believe the brain is injured if the head or face is injured. Not infrequently, there are very early photos available which record black eyes and cuts to the head. These photographs are important corroborative evidence which are especially effective when enlarged or when projected.

Ambulance Call Report

The first record to review is the Ambulance Call Report. If the Ambulance Call Report contains any evidence which demonstrates a brain injury, it presents demonstrative evidence which is objective. This evidence, once shared with a Court, will be important for describing your client's condition shortly after the accident.

Every expert who comments on your client's injuries will refer to the Ambulance Call Report and this is why this document may be one of the most important pieces of evidence in the case.

Hospital Records

Next, the emergency records of the hospital where the client was taken must be carefully reviewed. The records will contain the initial history taken and nurses' notes and assessments while at the hospital. Records that indicate a low Glasgow Coma Scale score or disorientation will help demonstrate the continuation of the injury at the hospital. Oftentimes a patient with an acquired brain injury may become violent or aggressive to the hospital staff, which can demonstrate a frontal lobe injury.

Hospital records can also be used to demonstrate the consistency of symptoms of your client. For example, if your client complains of headaches and the nurses' notes reveal the same complaint; this can be compared to your client's later complaints to other specialists.

From the time of a patient's arrival at the ER through follow-up treatment, a wide variety of complicated testing can be done to help demonstrate the brain injury.

There are two types of neurological tests: those that examine the structure of the brain and those that examine the function of the brain. The CT scan and MRI look at the structure of the brain. The electroencephalogram (EEG), SPECT scan (Single Photon Emission Computed Tomography), PET scan (Positron Emission Tomography) and evoked studies examine the function of the brain.

Referral to an Expert

While the plaintiff has probably seen a number of experts since his or her accident, there are often occasions where the plaintiff has not seen the appropriate medical care provider. For this reason it may become necessary for solicitors to refer their clients to additional experts for further clinical evaluation.

Oftentimes while proving that your client's injuries are caused from an acquired brain injury, a lawyer will retain a neuropsychologist. Test results are open to interpretation and debate. If the client moves about normally, speaks articulately and looks perfectly healthy in the structured environment of the courtroom you can expect the defence experts to disagree with your experts.

Other experts will be retained who are not part of the medical treatment team, some of which may include vocational experts, life care planners and even economists.

Discovery

Before a case goes to trial, the lawyers for both parties know not only the case but also the other side's position on all the issues. The system is designed to prevent surprises. In the discovery phase, a lawyer will ask questions under oath of the adverse party. This form of oral testimony provides both the plaintiff and defendant with the clearest view of anticipated trial evidence. The views of the deponents become "locked down" and difficult to alter later during trial.

With a brain injured client it is important to remind them that all questions put to them are assumed answered as if they have a complete and accurate recollection of the evidence. Often the opposite is true. The lawyer representing a brain injured client must take time in advance to prepare their client for this examination so that the evidence is not misconstrued.

Keep in mind that the defence will attempt to use the Examination to undermine your client's credibility by obtaining admissions, which are contrary to your case or commit your client's evidence so that it can later be contradicted through expert opinions or surveillance.

Lay Witnesses

Lay witnesses are people who have known the plaintiff both before and after the date of injury. These include family members, friends, neighbours and co-workers of the plaintiff who help to validate the testimony of the plaintiff and the experts during a trial. These witnesses can be very persuasive because their testimony is easily understood and can often describe the plaintiff's subtle injuries vividly.

Developing a Theme

The theme is the word or phrase that constantly reappears in the litigation to focus the jury's attention upon what the case is really about. Selecting one or more themes is of crucial importance. Themes are like magnets, which constantly attract notice. In formulating trial themes, lawyers should focus upon facts, which may be expressed using high impact language, and illustrated by high quality demonstrative evidence. Themes that emphasize "quality of life" issues tend to dominate the brain injury cases because of the severe impact a brain injury may have upon the lives of individual plaintiffs.

Settlement before Trial

Most times cases settle prior to trial. After a suit is filed and the case proceeds, but before the trial begins, the parties can agree to settle. If that occurs, then one side agrees to pay a sum of money to the other, and the other side agrees to accept it as payment in full for the injuries suffered. Usually a settlement is a good thing. In a settlement, no one loses. The insurance company pays something, maybe a little less than expected by the plaintiff, but the risk of a trial is avoided.

The Overall Challenge in a Mild Brain Injury Case

Most insurance adjusters and defence lawyers take a jaundiced view of mild traumatic brain injuries. Some have commented that it represents the "whiplash of the new millennium". Despite this cynical approach, the lawyer taking on a brain injury case must look for proof of an organic injury in order to defeat the following standard defences:

No loss of consciousness: Plaintiffs who sustain mild brain injuries often do not experience true loss of consciousness. Expert witnesses will help present evidence that loss of awareness, confusion or dizziness as a result of trauma can cause significant neurological problems.

The impairment was pre-existing from long standing pre-accident emotional problems.

The injury, if there is one, is only an emotional one that can be cured through treatment.

Negative neuro-imaging results: The absence of positive findings by examinations such as a CT scan or MRI should not be treated as evidence of a lack of injury.

The client is malingering: Defence counsel will insist that the plaintiff is intentionally producing false or exaggerated symptoms motivated by the desire to obtain financial compensation through litigation.

Trial

If the sum of money offered by the insurance company in not accepted by the plaintiff, then the matter will proceed to trial. A trial is a risky venture: one side may win a lot of money or get nothing. In any event, the costs of a trial can be extremely expensive for the loser.

If you are to persuade the jury that an injury has occurred, you must find a way to overcome the appearance of normalcy as the plaintiff gives evidence. One way to do so is to graphically explain the mechanism of injury so that the jury can appreciate that the brain can be permanently injured without any permanent change to the appearance of the head or face. There is no more effective way to explain the mechanism of injury than to show it, either through the use of medical-legal illustrations, animations or other artwork.

The lawyer undertaking such cases should be familiar with the long-term consequences of brain injury. If the lawyer does not cover all facets of the case with appropriate witnesses and other evidence, he will do himself and his client a great disservice.
About the Author

Charles Gluckstein of Gluckstein & Associates LLP restricts his practice to insurance litigation including personal injury, disability matters, occupier's liability issues, product liability and medical malpractice. He is involved in assisting many organizations such as the Canadian Paraplegic Association Ontario, the Ontario Brain Injury Association and the Toronto Rehabilitation Institute.

Fannie Merritt Farmer - Mother of the American Cookbook by Terry Kaufman

Fannie Merritt Farmer - Mother of the American Cookbook by Terry Kaufman

When a person, whether a foodie or just someone appreciative of good, well prepared food, thinks of delicious, innovative meals, the name Fannie Merritt Farmer springs to mind. Her story is one of determination in teaching the public that one did not have to be a professional chef to live an ideal life in the kitchen and around the house.

Bostonian Fannie Merritt Farmer (b.23 March 1857) was the eldest of the four daughters born to a strong Unitarian family headed by John Franklin Merritt and Mary Ann Watson. Her parents strongly believed in a sound education for their girls and it was a given that each of them would complete college. Unfortunately for her, Fannie, while still in high school, suffered a paralytic stroke in her left leg, possibly an after effect of polio. Treated as an invalid for several years, she was not allowed to return to school.

30-year-old Farmer, not wishing to spend her remaining years languishing in bed, hired herself out as a mother's helper to a prominent family friend, Mrs. Charles Shaw. Mrs. Shaw urged Fannie to enroll herself in classes at the Boston Cooking School so that she might become a professional cooking instructor. Founded in 1879 by the Woman's Education Association of Boston, the school emphasized a more intellectual, structured approach to the preparation of food and attention to diet, and in the course of time, women gained elevated status not merely as cooks, but as educated cooking instructors and authorities on health, whether it be for the normally healthy but also for the chronically ill in its guise as a post-Civil War school founded by philanthropists and reformers. Working-class women were given a chance to enter the professional work force when the job market for women was not at its optimum. With an emphasis on science and domestic skills, the Boston Cooking-School discretely encouraged upper-class women to learn a "respectable" means of supporting themselves in case of reversal of fortunes or demise of the husband. Mrs. Mary Johnson Lincoln, following the collapse of her husband's finances, was one such of these women. Becoming a cooking teacher of renowned and the author of the original edition of the Boston Cooking School Cookbook, she was an inspiration to Fannie Farmer. Farmer completed the school's 2-year program in 1889 and went on to become Assistant Principal and then Principal in 1891.

Fannie Farmer's first cookbook,a revised version of Mrs. Lincoln-s book, The Boston Cooking-School Cookbook, was published in 1896 and is still in print now. It was based on Mrs. Lincoln's school recipes, without giving Lincoln credit for them. Farmer's edition was concise and simple, with comprehensive scope. Its selling point was in how well food science was mixed with appealing recipes. Farmer's book formed a systematic overview of cooking. The Boston Cooking-School Cookbook left, without a doubt, Fannie Farmer a woman of generous means. Because the publisher was leery of taking on a business venture designed by a women, they insisted that she pay all the initial printing costs. Because of this one-sided attitude, Farmer ended up retaining the copyright and profits and was in the position, if she chose, to make some men very uncomfortable for doubting her business acumen.

In 1902, Farmer left her position so she might open Miss Farmer's School of Cooking. Here she placed greater emphasis on teaching housewives and society matrons. Her new goal was to concentrate on healthy diets for the sick and the chronically ill, or disabled patients. Farmer was involved in training hospital dietitians and nurses as well as regularly lecturing at the Harvard Medical School. Farmer also published, in 1904, what she considered her magnus corpus: Food and Cooking for the Sick and Convalescent. Topics she touched upon here ranged from the breast feeding of infants to the consumption of alcohol to virtually a treatise on diabetes, while cajoling her readers to make pretty food presentations for the ill: serve a heart-shaped bread and butter sandwich on a delicate flowered dish rather than carelessly throwing down a chunk of bread and a ball of butter. She felt aesthetics helped the patient to make a quicker recovery.

For the remaining years of her life, Farmer continued to lecture throughout the country. Towards the end, she suffered two more strokes and was forced to return to her wheelchair. She lectured up to ten days before she died (15 January 1915). Her school continued to flourish under the leadership of Alice Bradley, until it closed in 1944.

If for nothing else, Fannie Merritt Farmer was revered by millions for her innovations in the manner in which a recipe was written. She standardized the size of measurements so that a cup was always a cup, no matter what substance was being measured. This brought a great deal more of accuracy so that theoretically, the recipe could be duplicated each and every time without all the guesswork that was expected, that little element of surprise! Her successes led to the public calling her the "mother of level measurements" or "the pioneer of the modern recipe."

NEXT INSTALLMENT: Lizzie Black Kander created the famous cookbook that has been used for the last 100 years by all strata of American society. Originally written to teach newly arrived immigrants how to properly fit in with turn-of-the-century (20th) Milwaukee, these young women learned how to do everything domestic, from baking to cleaning in a manner equal to that of a well-assimilated resident. From this book sprang the famous Milwaukee Settlement House and its even more renown cookbook.
About the Author

Terry Kaufman is Chief Editorial Writer for Niftykitchen.com and Niftyhomebar.com. See more on Cookbooks, at Niftykitchen.com Cookbooks.

How to Find a Reliable Life Settlement Broker by Natalie Aranda

How to Find a Reliable Life Settlement Broker by Natalie Aranda

The life settlement industry has been surging lately. In addition to structured life settlements which result from personal injury judgments, there is a growing life insurance settlement industry as well. This began in the 1980's with what were called viatical settlements. In this type of settlement, aids or cancer patients with very short life expectancies were approached by investors who offered them lump sum cash buyouts of their life insurance policies. Their life insurance policy was going to do them no good once they died, but the immediate cash could provide treatment and comfort in their remaining years. The lump sum payment, of course, was much less than the value of the policy giving the investor a nice profit once the original owner expired.

Recently, this same concept has moved to a less predatory area of targeting policy holders over 65 years old who have insufficient retirement income, but large insurance policies that will pay upon their deaths. Investment brokers offer to buy out these policies as well, although the average life expectancy might be 15 more years. Although this is a longer time period then the terminally ill of the viatical settlement, the fact is the policy holder will die sooner or later, and the investor will recoup a large return.

If you are seeking a life settlement broker, you need to utilize all of the tools that you would use to find a type of investment advisor. The life insurance settlement industry is beginning to come under regulation, but this process is not complete. There was a recent case in New York State where a life settlement broker and an insurance company were indicted for fraud. In this case, the insurance company was working with the broker who paid a commission. This money was lost to the policy holder who received far less than he should have for his life settlement.

The solution to the problem of finding a reliable broker is simple. Investigate and research the potential broker completely, and shop around quite a bit before signing any contracts or accepting any cash. This is common sense when such important matters and large amounts of cash are involved. The danger is that many people think to cash in on life settlements because of pressing cash needs, and the dishonest broker is certainly going to be the one waving cash in front of you faster than anyone else. Regardless of how badly your need, you must take the time to make sure you are dealing with a broker with a good reputation and is one who is giving you the best return and service. It is a life altering choice, and deserves to be done with utmost care.
About the Author

Natalie Aranda writes on insurance and personal finance.

Structured Life Settlements 101 by Natalie Aranda

The term structured life settlement is usually applied to a personal injury settlement of some type whereby an agreement has been reached to pay the settlement over an extended period of time rather than in a lump sum payment. The idea of life time settlements has grown more popular over the last few decades as research has shown that a very high percentage of people who receive large lump sum windfalls either as injury settlements or lottery winnings tend to have very little or any cash left after five years.

Another advantage of structured life settlements is that they usually are given tax breaks, and in some cases are even exempt from taxes altogether. Although they are called life settlements, some of them can be structured to extend for a certain time period regardless of the life span of the person receiving the settlement. The remaining payments would be made to a persons beneficiaries or his estate in case of his death. It is always advisable to have an attorney with experience in life settlements review the details to insure that the total payments are not considerable under the original reward amount. An attorney can also advise on the tax liabilities of any decision.

There are other forms of life settlements beside the structured life settlement for personal injury judgments. Large lottery winnings are an example. Most large lottery winnings may be taken in a lump sum or spread over a long period. Although most people opt for the lump sum payment, they often do not take into consideration the immense tax hit that the winnings will have to take. Often, the extended payment option is the wiser course.

Another form of life settlement has arisen around the life insurance industry - life insurance settlement. It originally began with the purchase of life insurance policies of seriously ill people. This came about when people who were diagnosed with fatal illness realized that they had no money to pay for treatments or to ease their remaining years. They did have large amounts of life insurance, but this money would not be theirs until they died, and did them no good. Investors would make life insurance settlements by paying cash to become the beneficiaries of the policy. Then the investor would wait until death took place and the cash the policy.

This form of life insurance settlement has also become popular for investors who are viewing people over 65 years old who do not care about heirs, and have inadequate retirement income. Investors make a settlement paying a lump sum value to become the beneficiary of the policy, and then just wait again for death to occur.

One sign of the popularity of structured life settlements is an increase in investing companies willing to buy out the settlements for lump sums of cash. A large sum of cash has always been a great temptation, and often people who wisely defer to the structured settlement find themselves regretting the decision and wishing another chance. The ultimate value of the structured life settlement approach is shown by the fact that serious investment firms are willing to purchase them for cash.
About the Author

Natalie Aranda writes on money and finance.