Q: Can I have a settlement payment arrangement changed years later?
I was a baby when my mother passed from a mal practice in a hospital. There was a lawsuit and the judge advocated for me to have my money set up a certain way. I understand he thought it was in my best interest but I’d rather have all or some of it now. I want to purchase a house and I can’t because I’m only receiving $800 a month + what I make and there’s millions in an account I’ll probably never see. What can I do? I don’t even care to have all of it, just a nice house on some land.
A:
No you cannot have it changed.
But you can sell it. But it would be at a steep discount. Make sure you study any companies you consider and the fine print-not all companies are fair.
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