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 APPLICATION for LUMP SUM ADVANCE PAYMENT WC 025 2018

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welcome to what do you want to know wednesday one question we get quite often is what is the difference between a lump sum payout and a structured settlement the vast majority of lump sum settlements in a personal injury case are just that it's when you get the whole amount of your settlement proceeds all in one lump sum all in one payment that's the vast majority of cases however there are certain circumstances where it makes sense to do what's called a structured settlement and that's where you get part or none of it up front and the rest of the payments are made over the course of time ing to a structured plan that's agreed upon between the parties why would you do a structured settlement first and foremost if you're concerned that you're going to spend all the money at once this allows you to extend that period of payments over a course of time also if there's a minor or children involved it allows them to get payments

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