2. Some cases of personal injury
settlement end quickly while others
go on for extended periods of time.
3. Depending on how long it takes for
you to get the money you need,
there are certain actions to take so
as to make the most of your money
and life.
4. For those who get their settlement
quickly PROPER PLANNING must
be heeded.
5. If you receive $15,000 it's okay to go
and take a small portion of it and enjoy
yourself by going to a spa, buying some
new clothes for work, or even taking a
weekend getaway to someplace nearby.
FOR EXAMPLE:
6. The rest should go to pay down
any debt you have or be set
aside for savings.
8. However, for those who are in lawsuits
that go on for extended periods of time
there is usually much more money at
stake, and, therefore, much more
planning that should be considered.
11. Anything you have ever done that has
taken up an extended period of time - be
it military service, college, or a job - will
remain with you afterward.
20. Is it best to put half away for
retirement and the rest toward
a home?
21. If this is your advice to them,
would you take it from
yourself?
22. This is important because receiving a
lump sum is not always as grand as
we hope it to be, which is why when
we receive a tax return it is usually
already called for.
23. Knowing this, it is wise to spend a
portion of time planning what to do.