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Some cases of personal injury
settlement end quickly while others
go on for extended periods of time.
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.
For those who get their settlement
quickly PROPER PLANNING must
be heeded.
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:
The rest should go to pay down
any debt you have or be set
aside for savings.
This is fairly simple.
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.
For these cases, the following steps
should be followed.
STEP 1
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.
The same is true with a court case.
The months (or years) have had emotional
ups and downs, and now it is over.
The best thing you can do for yourself
is settle back and take stock of what
happened, what you have, and what to
do next.
This is important because even if you
receive a settlement in excess of $1
million it can be gone in less than a
year.
STEP 2
If someone else came into the
kind of money you have just
received, what advice would
you give them?
Would you tell them to go to
college?
Should they start a business?
Is it best to put half away for
retirement and the rest toward
a home?
If this is your advice to them,
would you take it from
yourself?
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.
Knowing this, it is wise to spend a
portion of time planning what to do.
STEP 3
A personal injury attorney is not
qualified to tell you how to handle
your money …
… but she probably has a lot of
experience in seeing people receive
large sums of cash only to have
wasted it.
Additionally, she may know
who to refer you to.
Your lawyer has been by your side
helping you in ways that most people
wouldn't know how.
Before parting ways you should seek
out who they would refer you to so that
your money can be properly managed.
The result will be that 5, 10, and 15
years from now you can still have your
money while receiving interest
payments.
By following these three steps
you can make sure that you make
the most of the money you get.
If you have a serious personal injury
case, your best decision will be
to contact the Millea Law Firm in
Scottsdale AZ.
You will get personal, compassionate
help with the sometimes frightening
aspect of dealing with a hard-nosed
insurance company adjustor.
If you need an experienced trial
attorney call today.
www.millealawfirm.com
Millea Law Firm
7272 East Indian School Road, Suite 203
Scottsdale AZ 85251
Phone (480) 481-0616

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What Happens After My Personal Injury Trial?

  • 1.
  • 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.
  • 7. This is fairly simple.
  • 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.
  • 9. For these cases, the following steps should be followed.
  • 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.
  • 12. The same is true with a court case.
  • 13. The months (or years) have had emotional ups and downs, and now it is over.
  • 14. The best thing you can do for yourself is settle back and take stock of what happened, what you have, and what to do next.
  • 15. This is important because even if you receive a settlement in excess of $1 million it can be gone in less than a year.
  • 17. If someone else came into the kind of money you have just received, what advice would you give them?
  • 18. Would you tell them to go to college?
  • 19. Should they start a business?
  • 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.
  • 25. A personal injury attorney is not qualified to tell you how to handle your money …
  • 26. … but she probably has a lot of experience in seeing people receive large sums of cash only to have wasted it.
  • 27. Additionally, she may know who to refer you to.
  • 28. Your lawyer has been by your side helping you in ways that most people wouldn't know how.
  • 29. Before parting ways you should seek out who they would refer you to so that your money can be properly managed.
  • 30. The result will be that 5, 10, and 15 years from now you can still have your money while receiving interest payments.
  • 31. By following these three steps you can make sure that you make the most of the money you get.
  • 32. If you have a serious personal injury case, your best decision will be to contact the Millea Law Firm in Scottsdale AZ.
  • 33. You will get personal, compassionate help with the sometimes frightening aspect of dealing with a hard-nosed insurance company adjustor.
  • 34. If you need an experienced trial attorney call today.
  • 36. Millea Law Firm 7272 East Indian School Road, Suite 203 Scottsdale AZ 85251 Phone (480) 481-0616