What are structured settlements in Ontario Personal Injury Law?

Structured settlements are compensation a plaintiff receives for their injuries in installments over a fixed period of time. They are strictly available for people negotiating personal injury settlements. A structured settlement can be tailored to the plaintiff's needs, with compensation distributed in bi-weekly or monthly increments over a minimum of five years, or delivered as a lump sum years down the road. There are plenty of options to choose from, and you can customize them as you like. The structure, however, cannot be modified once it has been confirmed. Why Should You Choose a Structured Settlement? Settlement money is typically used...

Continue reading