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How Not to Spend Your Settlement Money

Receiving a settlement is always nice, particularly if you’ve been drowning under medical expenses and other bills. While you may want to spend the money right away for immediate gratification, it’s dangerous to burn through the cash too fast. To make sure the money lasts, avoid these common tendencies when you receive a settlement. Spending Immediately Financial advisors generally suggest waiting six months to a year before spending a large financial settlement. It takes time to plan the best use of a significant sum of money. If you received a lump sum settlement, you may have more money than you’ve ever seen in your account before. Step back and carefully consider your options, as well as the consequences of each choice. An investment will grow your money, but you’ll have to pay taxes on the interest. If you’re undergoing long-term medical treatment for an injury, you may not have a clear picture of your medical expenses or ongoing pain management needs yet. Don’t rush to spend your settlement. Indulging in Dream Purchases With your bank account suddenly swollen, you’re probably thinking about that yacht you’ve always wanted or the dream house on the hill. While there are many smart purchases that are a worthy investment vehicle for your funds, flashy dream-buys are usually an extravagance. Buying a home can give you stability and a good real estate investment, but you shouldn’t purchase a mansion that’s beyond your ordinary means. Remember that large purchases typically come with their own ongoing expenses, such as insurance and upkeep for a boat or household maintenance and property taxes for a home. The wrong...

New Florida Bill May Increase Personal Injury Damages Awards

The Florida Senate currently has a bill involving personal injury and medical bills pending a vote on the floor. Though it hasn’t been passed into law yet, the bill could have ramifications on how much plaintiffs receive in personal injury cases. In short, by changing the structure of the lawsuit and what kind of medical bill information can be admitted into evidence, the bill makes it potentially easier for plaintiffs to see an increase in damages in these cases going forward. Florida Senate Bill 0384 In March of 2017, the Florida Senate Rules Committee voted 10-1 to pass a medical malpractice bill to general voting on the Senate floor. The bill, number 384, faces opposition from the Florida Chamber of Commerce and several prominent businesses in Florida. This bill discusses how to calculate the damages incurred during some medical malpractice and wrongful death suits. Specifics on health and medical care costs will not be admissible as evidence if the bill passes the Florida Senate. What Is Prejudgment Interest? Part of the bill deals with prejudgment interest. Prejudgment interest is damages that the plaintiff gets if they win, and the number is determined when a trial begins. Upon winning, the plaintiff gets that prejudgment interest. Currently, plaintiffs in medical malpractice and wrongful death suits don’t get prejudgment interest. Calculating damages in a medical case is difficult, thanks to the complex nature of the cost of medical treatment and medical bills. How Are Medical Bills Involved? For one thing, medical bills aren’t the same across the board. Different healthcare providers have entirely separate structures for pricing the services they offer. Medical...

Four Steps to Take After Being Injured

When you suffer a personal injury, you’re dealing with ample stress and pain. A future lawsuit could be the last thing on your mind, but it’s important to remember that the incident could result in medical bills, lost wages, and many other expenses. Seeking legal help could be necessary, so be sure to keep your wits about you. Seek Medical Help Once the incident occurs, you should seek medical help right away. Many people dislike hospitals and avoid them whenever possible, but you should resist the urge to shrug it off and try to heal up at home. After all, the extent of some injuries may not be immediately apparent. For instance, when dealing with a head injury, it can take weeks, or even months, for symptoms to appear. Acute soft tissue injuries can result in pain that increases exponentially over time. Only a medical professional can understand the scope of these injuries. In addition, some legal jurisdictions require that you see a doctor within a specific time or you forfeit your ability to file a claim. Seeking medical attention right away is the only safeguard to preserve your future legal rights. Gather Evidence Try to obtain as much documentation of the incident as you can. If you’re sent to the hospital, contact a friend or relative to gather information for you. Video, photographs, times, dates, and audio evidence can be collected. If there were any eyewitnesses to the incident, get their contact information. Have a police report taken, and save any torn or bloodied clothing that shows the extent of your injuries. If you need to revisit the scene...

4 Most Famous Personal Injury Cases

While most personal injury cases deal with typical slip and falls, car accidents, or defective devices, there are also some cases that are so unusual they’ve become famous. These are a few of the most legendary personal injury cases to make their way through the court system. Stella Liebeck Versus McDonald’s Perhaps the most famous personal injury case of all is Liebeck vs. McDonald’s, otherwise known as the hot coffee case. In 1992, Stella Liebeck ordered a cup of coffee from McDonald’s. As the 79-year-old was holding the coffee between her legs in the passenger seat of a parked car, the coffee spilled on her lap and caused third-degree burns. Before Liebeck’s case, McDonald’s had received over 700 reports of injury from its coffee. Liebeck offered to settle for $20,000 to cover lost income and medical expenses, but McDonald’s thought it would win the case and went to trial. However, the jury sided with Liebeck. She and McDonald’s eventually reached a confidential settlement. Bret Michaels Versus CBS In 2009, Bret Michaels, lead singer of the rock band Poison, suffered an injury to his face at the Tony Awards, which was broadcast by CBS. Michaels claimed that a set piece hit him in the face because CBS didn’t tell him how to exit the stage safely. Immediately after the incident, he had X-rays that showed a broken nose. A few months later, he also suffered a brain hemorrhage, which he believes was from the accident. Michaels and CBS eventually settled the lawsuit, and the terms were not made public. Cedrick Makara Versus Newmark Realty and 40 Worth Associates A jury awarded Cedrick...

How to Get the Most Out of Your Settlement

Whether you’re involved in a car accident, slip and fall, or another type of personal injury, you want to make sure you receive a fair settlement for your pain. Keep reading to learn several tips and tricks you can use to get the most out of your settlement. Stay Off Social Media In today’s society, most people don’t think twice about what they share on social media. Even though you think posting a picture or update on Twitter, Facebook, or Instagram is harmless, defense attorneys will scour the internet looking for anything they can use in their case, including your posts on social media. They will try to use pictures or posts you put online as proof that your injury isn’t as severe as you claim it is. When you’re dealing with a personal injury lawsuit, your best bet is to stay off social media entirely. Immediately Document All Evidence When a personal injury case goes to trial, it’s up to you to provide enough evidence to prove your claim. Therefore, you need to document all the evidence possible as soon as your injury happens. This can include police reports, witness statements and contact information, and medical reports. You also want to take pictures of the accident scene, visible injuries, the defective premise or product, and your car and the car that hit you. Also, check the area for any video surveillance cameras that might have recorded the incident. Keep a Diary of Your Injuries If your personal injury lawsuit goes to trial, you’ll have to tell the jury how long you were in pain. Unfortunately, it could take...

$227 Million Settlement Reached in 2013 Building Collapse Case

The longest civil trial in the history of the city of Philadelphia wrapped up on February 8, 2017, with a settlement for the plaintiffs: twelve people who were injured and the families of the seven people who perished in a building collapse in June 2013. The collapse occurred when the demolition of a Center City building owned by New York real estate/adult entertainment magnate Richard Basciano caused an adjacent building housing a Salvation Army consignment store to collapse under four stories of brick. The Philadelphia Daily News reported on court documents that stated Basciano was at the scene of the demolition in a conference with the contractor, Griffin Campbell, as the building began to collapse. In a related criminal case, convictions were handed to Campbell, and the excavator operator, Sean Benschop, who were sent to prison for 15 to 30 years and 7 ½ to 15 years, respectively, for their roles in the collapse. The publicized seventeen-week civil trial ended with a settlement of $227 million, to be paid by Basciano and the Salvation Army to the plaintiffs. According to an anonymous source reported in the Philadelphia Daily News, $200 million is to be paid by the Salvation Army, and $27 million by Basciano.The settlement money is to be divided via an arbitrator among the victims of the collapse and their families. Victims sustained serious injuries in the collapse. One woman suffered such extensive injuries under the prolonged weight of the rubble, that she underwent 30 surgeries including amputation of her lower body at the hips.Part of the settlement will help to pay for the woman’s medical care, which is expected...

The Value of Evidence in a Personal Injury Case

Evidence is the material used in court cases to either prove or disprove the charges. Strong evidence translates to a strong case, so if you are ever involved in a personal injury case, then you want to do everything in your power to ensure that all evidence remains intact and accessible. Spoliation occurs when evidence is lost, destroyed, or otherwise tampered with; when this happens, the evidence can no longer be used in the case. Depending on the case, there may be penalties for spoliation of evidence. The penalty could involve having to pay a fine, or it could result in criminal proceedings and conviction. To some judges, when an individual destroys the evidence involved in a personal injury, it may appear as if that person had a desire for the evidence to be destroyed and therefore was aware of his or her guilt. Specifically, in personal injury cases, spoliation can affect cases involving defective products. If you are involved in a personal injury case based on a defective product, your saving that defective product could mean the difference between winning your personal injury case and having the case dismissed because the only evidence available was your testimony. Because of spoliation, a Texas man was awarded over one million dollars in a 2013 slip-and-fall case. In this case, Brookshire Brothers Ltd. V. Aldridge, the store where the fall occurred had recorded over the footage shot by the surveillance system in the minutes prior to when the fall occurred. The jury saw this as the store attempting to cover up any footage of possible wrongdoing, to avoid releasing footage that might...

Getting Full Compensation After an Automobile Accident

In November 2016, an elderly man was awarded $1,041,697 compensation for an accident injury that happened almost five years prior when another driver rear-ended him. The plaintiff had pre-existing medical conditions prior to the accident, but that is also what prevented him from receiving the treatment any other ordinary individual would have received after the accident. How did this man win a $1,041,697 compensation lawsuit you may wonder, well it is because he had a professional personal injury lawyer on his side who presented his case, facts by facts to the jury. The jury heard about the life changes that occurred to the man as a result of the automobile accident and was made aware of the costs and efforts that the man would be subjected to for the rest of his life. The elderly man’s lawyer basically proved that the other driver involved in the accident was negligent and responsible for the exacerbation of the plaintiff’s medical issues. Most people who get involved in automobile accidents often suffer from huge medical bills and increased household debts. They miss some time from work and even suffer from mental stress due to the accident. Some even lose out on their life savings and insurance because of a personal injury sustained from an accident. Most of these people do not seek compensation for these life-changing injuries. It could be because they do not know how to go about making the claim or they just feel like it is difficult to prove that the other driver was responsible for the accident. It’s even worse for people with pre-existing medical conditions, proving that an automobile...

Maritime Injury Compensation

Did you know that you can file for compensation for an injury that happened while you were on a cruise ship? Just like any other personal injury, maritime injuries are also compensated, if you were injured while on a water transportation vessel you deserve full compensation for those injuries, especially if you were on the boat or ship for work related reasons. One of the many reasons why people who get injured while at sea do not make compensation claims is that the maritime lawsuit can be complicated, especially when it comes to proving the liability. State worker’s compensation laws are sketchy when it comes to injuries on water, but the experienced lawyers at David W. Singer & Associates, P.A. know how to go about getting you the full compensation that you deserve. Recently, the Jones Act has provided many people who work on the water with plausible grounds to file a personal injuries lawsuit. To take full advantage of the Act you need to know if you qualify to make a claim. Who qualifies to make a claim under the Jones Act? The Jones Act applies to individuals who meet the following characteristics: The water vehicle you were injured on must be in navigation on the water that is classified under interstate and commerce routes. The injury should have occurred while you were working on board the water transport vessel The types of employees covered by the Jones Act is also quite diverse. These include: Fishermen Cruise ship workers Ferry boat workers Transportation workers Construction workers Oil-platform workers Commercial divers If you are based in Hollywood, FL, you can make...

Understanding Personal Injury Settlement Options

Pain and confusion are often results from any accident. More common from are personal injury cases that could bring even more devastation to parties involved. A personal injury case is legally recognized as disputes arising from an accident as a result of one or more people suffering various degrees of damages. What is a personal injury case? Personal injury law allows an injured person to seek compensation for the damage suffered in an accident where an at-fault person is identified. The at-fault person is assumed negligent, and as a result, his action leads to the injury sustain. Common types of personal injury cases Personal injury cases can stem from the various type of situations. It should be noted that not all injury cases lead to someone bearing the liability, but cases where someone is found to be negligent as a result of an injury, a personal injury case may be established for compensation. The various types of personal injury cases include: Car accident cases. Of all types of personal injury cases, a car accident is most common. It could involve two cars crash, or a car hits a pedestrian, a motorbike, or bicycle. It could also result from own- accident due to speeding, distracted driving, and so on where the driver is found negligent. Medical malpractice. Professional negligence where a doctor failed to observe due professional care leading to patient’s injury. This type of personal injury case is usually complex in nature as the law requires the plaintiff to prove professional negligence against the defendant. Slip and fall cases. This type of personal injury case is often against the...

The Hollywood injury attorneys at David W. Singer & Associates handle all types of accident injury cases in Hollywood, Miami, Fort Lauderdale, Miami-Dade County, Miami Beach, North Miami Beach, North Miami, Aventura, Sunny Isles, Golden Beach, Miami Lakes, Hialeah, Hialeah Gardens, Miami Gardens, Bal Harbour, Bay Harbour, Opa-Locka, Medley, Miami Shores, Cutler Ridge, Kendall, Coral Gables, Homestead, Florida Keys, Key Largo, Islamorada, Key West, Broward County, Hallandale Beach, Pembroke Park, Pembroke Pines, Dania Beach, Davie, Southwest Ranches, Plantation, Weston, Sunrise, Tamarac, Pompano Beach, Lighthouse Point, Coral Springs, Parkland, Margate, Coconut Creek, North Lauderdale, Lauderhill, Miramar, Palm Beach County, Boca Raton, Delray Beach, Boynton Beach, Lake Worth, West Palm Beach, Palm Beach, Manalapan, Hypoluxo, Singer Island, Palm Beach Gardens, Jupiter, Wellington, Martin County, Stuart, St. Lucie County, Port St. Lucie, Vero Beach, Fort Pierce.

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