Structured Settlements When Children Are Injured
Accidents that involve children are some of the scariest for parents. If your child under the age of 18 suffered a severe injury, you need to take additional steps to protect any minor settlement.
At Doehling Law, our attorneys have been working with insurance companies for decades. We will not only obtain maximum compensation for your family, but will work with you to ensure that protections are in place for minor children. We have assisted numerous clients with these types of issues after auto accidents or injuries in premises liability cases.
From our offices across the Western Slope of Colorado, Grand Junction, Glenwood Springs and Aspen, we represent families when they need it most. Call (970) 292-7171 to set up a free consultation today.
Generally, two ways exist to protect settlements of $10,000 or more that benefit minor children.
Considering the Options to Protect Your Child's Financial Affairs
In Colorado, the court will appoint a decision maker to handle financial affairs through a conservatorship. This process can take time and require ongoing accountings with the court. But it may be appropriate when medical expenses continue through adolescence, and it is important to be able to access funds for treatments.
Another option is a structured settlement that begins paying out when the child reaches 18. These annuities stretch a settlement into monthly payments over many years and can be useful in many circumstances.
Pedestrian Accident $1,300,000
Professional Liability $950,000
Neck & Back Injury from Bicycle Accident $800,000
Jury Verdict: Vehicle vs. Tractor $767,000
Cervical Fusion from Golf Cart Accident $750,000
“Gary made sure that all avenues were explored for getting me the highest award possible, kept me informed of the status of the claims, and expressed great empathy and kindness during my painful recovery.”- Denise M.
“They are helping with a legal issue. Very professional and caring. Recommend this firm.”- Rudi M.
“Did a very good job of communicating. Very professional and truly worked in my best interest all along.”- Chris B.
“We felt well represented by Doehling Law, our interests and concerns were taken care of and we appreciate everything that was done for us.”- Roxie K.
“They resolved my claim in a timely matter and gave closure to an uncertain future, I cannot thank them enough for their persistence to detail and dedication to do what is right.”- Carl C.
Comprehensive Legal Advice and AnswersContact Us Today
Our lawyers offer comprehensive legal services. We will explain the pros and cons related to each of these options and help you decide on a strategy that meets your unique needs.
Schedule a free initial consultation as soon as possible with one of our personal injury attorneys by completing the form or by calling (970) 292-7171.