Contact Us: 866-454-2281

Personal injury settlements and estate plans

We have covered some of the reasons why people make changes to their estate plan, such as bringing their marriage to an end. However, there are many more instances in which a person may need to take a second look at their estate. For example, someone who receives a personal injury settlement may need to change the way in which their property will be distributed and factor in their newfound assets. Moreover, some people decide to set up an estate plan for the first time as a direct result of a personal injury settlement.

In the wake of a personal injury case, someone may be facing a number of challenges. For example, they could still be struggling with physical or emotional pain or they could feel as if they are too stressed out or busy to make changes to their estate plan. However, doing so could provide peace of mind and help ensure that their property is handled according to their wishes in the future. It should also be pointed out that personal injury cases can affect people in other ways. For example, someone who suffered a major injury in a car crash or any other type of accident may not be able to work any longer, which could change their financial circumstances considerably.

If you have recently experienced significant financial changes, or any other major changes in your life that prompt you to revise your estate plan, do not push off this important task. Our website goes over more on revising your estate plan.

No Comments

Leave a comment
Comment Information

Attorneys Schedule a
consultation
to experience
professional,
personalized
representation.
Contact Us Now »

Irvine Office
2020 Main Street, Suite 600
Irvine, CA 92614

Toll Free: 866-454-2281
Fax: 949-975-7501
Irvine Law Office Map

Westlake Village Office
340 North Westlake Blvd, Suite 110
Westlake Village, CA 91362

Phone: 805-373-1500
Fax: 805-373-1503
Westlake Village Law Office Map

*AV Preeminent and BV Distinguished are certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the bar and the judiciary. Martindale-Hubbell ratings fall into two categories: legal ability and general ethical standards.