Securing Your Future: Using Structured Settlements in Kentucky Workers' Compensation Claims

Episode 127: In today's episode, Calloway County worker's compensation attorney Jeff Robert explains several important reasons using structured settlements in Kentucky workers' compensation claims can be very beneficial to the injured worker and his/her family. Structured settlements often used in other types of personal injury claims, such as car wreck, motorcycle accidents , trucking collisions , and cases involving minors with significant injuries. Because Jeff handles those types of cases, he's very familiar with using them and explaining the benefits to his workers' compensation clients. A worker sustained catastrophic injuries on the job. The settlement negotiations involved such a large amount that Jeff worked directly with attorney for the insurance company, which was unusual. The attorney commented to Jeff that he was very impressed by Jeff's working knowledge of the structured settlement options. Jeff was able to work out a structured settlements for the income benefits, the Medicare set-aside and the future medical benefits. It turned out to be the largest settlement, not just in workers' comp, that Jeff has ever obtained, involving guaranteed payments, for a client. There's a strong possibility the amount will double over the next 40+ years for his client. In talking with the attorney for the largest workers' compensation insurance company in Kentucky, that attorney believes this workers' comp settlement is the largest that company has ever made. Additionally, that same attorney believes it may be the largest workers' compensation settle ever in Kentucky. [Disclaimer: This is no guarantee of future results for other clients. Each case has its own unique facts.] We hope you found this episode insightful and helpful. Thank you for listening!

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