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"Find out if hiring a car accident attorney is necessary after a crash. Learn about the benefits they offer, such as handling insurance claims, navigating legal complexities, and ensuring you receive fair compensation."

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A structured settlement is a financial arrangement often used in personal injury or wrongful death cases where the plaintiff receives compensation through periodic payments over time instead of a lump sum. This arrangement is designed to provide long-term financial security and can be tailored to meet the recipient's specific needs, such as covering ongoing medical expenses or living costs. Structured settlements offer tax benefits and help ensure that the funds last over the individual's lifetime.