Workers' Compensation Settlements

Workers' Compensation Settlement planning can be an important part of your Estate Plan. Workers’ Compensation laws were passed to ensure that employees who are injured or disabled on the job are provided with fixed monetary awards – for lost wages and medical treatment.

Private and public employers contract with Workers’ Compensation insurers to administer and operate their programs. Should you be injured, we work with both you and your employer’s insurance company to develop a settlement plan that maximizes your benefits while minimizing the overall cost to insurers.

How do we achieve this win/win solution? We call upon our Protocols affiliate. At Protocols, our nurses will review your medical records and calculate your future medical needs; our benefits analysts will coordinate the requirements of your private and public benefits plans for the best possible outcome; and our tax lawyers will determine the tax impact of your settlement – now and over time.

Payouts can take the form of a lump sum, a lump sum with investment for purposes of meeting your long-term needs, or a structured settlement (using an annuity or a trust). Each of these options has vastly different implications for your overall plan. Our litigators will help if your settlement is challenged or contested.

We work closely with you and your family, public and private benefits providers, employers, business partners, professional services providers, fiduciaries and charitable organizations to make sure that your Workers’ Compensation settlement – as an important component of your Estate Plan – meets your unique personal and financial objectives.

Attorneys

Robert L. Sagrillo |Henry M. Kohnlein

info@sagrillokohnlein.com