If you’re involved in a personal injury case, Larson Griffee & Pickett PLLC in Yakima, Washington, can help you get the settlement you deserve. Our personal injury attorneys know how taxing these situations can be. We will do everything we can to award you with your settlement as a lump sum and put this stressful time behind you.
Most personal injury cases receive settlements as a lump sum and there can be great payout options. There are some things you should keep in mind, however:
How much does my lump sum settlement have to be?
You are only going to receive your settlement once. It is important to remember you deserve to be compensated for not only all of your injuries, but future medical expenses, any pain you might have in the future, and any other damages or expenses lost during the case.
How can I make sure I’m getting the best settlement?
Larson Griffee & Pickett PLLC experienced attorneys will do everything they can to ensure you’re getting the payments you deserve. We know how stressful personal injury cases can be and we want to help you receive your settlement and move on with your life.
Can I opt for an annuity payment?
You can opt for an annuity payment, although most personal injury cases provide a lump sum settlement. An annuity can help you earn interest, but with a lump sum, you will be able to pay all of your expenses at once, rather than waiting years and letting the payments linger.
There are also cases where the lump sum is very large and people who are young would be well served to consider taking a partial payment and putting the rest in an annuity that begins paying later in life. Like for example at age 50 or 65 even. It’s a terrific way to self-fund your retirement.
Who should I discuss my settlement options with?
If you’re involved in a personal injury claim in Yakima, Washington, Larson Griffee & Pickett PLLC can provide you with knowledgeable and an experienced attorney who will assist you in your settlement decision. Our team works on a contingency fee basis as well. Which means that they do not get paid until a verdict or settlement is reached.
How much money will I receive?
Every situation and every case is different. There is no one-size-fits-all lump sum payout. Just remember to consult with your attorney and make sure you’re getting at least enough to cover all of your expenses.
What other damages might have to be compensated?
Along with medical expenses, some of the other general damages involved in personal injury cases that you could be entitled to include: any damage done to your property, lost wages while you were unable to work, and a reduced earning capacity if you expect to miss more work in the future.
Do I have to make my decision immediately?
If you’re unsure of what’s best for you, call Larson Griffee & Pickett PLLC as soon as possible. You can set up a free consultation with our experienced Yakima, Washington, attorney and explain to him all the details of your situation. Bill Pickett will help you make the right decision and move forward with your life.