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- Panel Sparks Controversy Again with New Prostate Cancer Screening Guidelines
- Doctor Misdiagnoses Woman and Fails to Complete Full Examination; Woman Dies Days Later!
- Study Finds Hospital Acquired Infections Greatly Impact ICU Deaths
- Medical Malpractice and Res Ipsa Loquitur: An Explanation
- Medical Malpractice Liability and Nurses; Why Nurses are being sued More and More Often
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- Discover how you can win your lawsuit by taking Three Simple Steps in Kingston, New York
- How I learned a lesson in life from a shyster lawyer
- The Day My Hero Died
- Discover how you can get the special services for your disabled child in an Individualized Education Plan in Kingston, New York
- Discover how you can get top-notch health insurance for your family for less than $200 a month in Kingston, New York
The one thing that injury victims will never admit in Kingston, New York
A Blunt Conversation with Mr. Jones
When a personal injury case settles, I have the same conversation with our clients (I will call the client, "Mr. Jones"). I explain to Mr. Jones that it has been my experience that 98% of our clients will spend their settlement money as fast as possible and buy things that they have never needed before. The new expenses run the gamut from multiple vacation houses in Florida, $100k Mercedes Benz sports cars to month-long vacations for the family in Jamaica (these are real examples--they are not fictitious). The settlement money from their lawsuit quickly and inevitably evaporates in thin air regardless of the size of their recovery (this includes multi-million dollar recoveries).
Mr. Jones (our fictitious client) always responds to this information the same way: "That will never happen to me." Au contraire, my friend. I respond, "It is almost a sure thing this will happen to you." Now, no one likes to be told they're wrong and Mr. Jones might be a tad bit upset by my response. But you want to know something? I don't care.
What Always Happens to the Money (at least 98% of the time)
Mr. Jones will spend his money and it won't take long. At the end of the spending spree, Mr. Jones will have nothing to show for his personal injury lawsuit. This is a horrible shame. Who cares if the personal injury lawsuit benefits the lawyers (you're with me, right?) and the government gets its money back for its lien. The real purpose of litigation is to ensure that severely disabled persons have funds to pay for their income and medical needs for the rest of their life.
What can be done to Prevent the Loss of Money
The secret to keeping your injury money is known as a "preservation trust". The injury money is deposited into a trust that can only be invaded for specified reasons, such as medical emergencies, tuition for college or graduate school or the payment of premiums for private health insurance. The injury victim remains eligible for government benefits, such as Medicaid and Medicare, as long as the injury money is deposited in a supplemental needs trust.
The preservation trust ensures that the injury victim will have his/her money for the rest of their life. Now, that's a beautiful thing! Even better, the money increases in value in the trust and upon the death of the injury victim, the money can be transferred to their surviving family members, i.e., children or spouse.
What is a Successful Injury Case?
A successful outcome is not accomplished soley by recovering a large sum of money for an injury victim. That is just one part of the lawyer's job. The lawyer earns his money by setting up a preservation trust, or a supplemental needs trust, and making sure that the disabled injury victims will always have money to pay for living expenses and their medical and educational needs.
When a case is resolved, it is irresponsible for the injury victim's lawyer to simply hand Mr. Jones a check and wish him well. You know what is going to happen next--you can kiss that money goodbye! The job of the lawyer is done by ensuring that the disabled client will have the money for their lifetime.
What you can do if you have questions
If you have any questions or just want to chat, I welcome your phone call on my toll-free cell at 1-866-889-6882 or you can send me an e-mail at jfisher@mmolaw.net. You are always welcome to request a FREE copy of my book, The Seven Deadly Mistakes of Malpractice Victims, at the home page of my website at www.protectingpatientrights.com.
Free Book
The Seven Deadly Mistakes of Malpractice Victims
ONE BIG PROMISE
You will not be another of the 98,000 victims of medical malpractice in the United States in 2009 if you read my FREE BOOK. I have a book that will tell you why most victims of medical malpractice never recover a penny. If you are the victim of medical malpractice, we will rush this free, valuable information so you know what to do. If you don't call now, you have only yourself to blame.
You will never have to worry about medical malpractice again if you call this toll-free number, 866-889-6882, for your free book, The Seven Deadly Mistakes of Malpractice Victims, and an audio CD of the book, or you can request the book here and the book will be rushed to you immediately at no cost.
(New York residents only)
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John H. Fisher
130 North Front Street
Kingston, New York 12402-3058
Phone: 518.265.9131
Fax: 845-331-2004
Toll Free: 866.889.6882
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Contact Info
John H. Fisher
130 North Front Street
Kingston, New York 12402-3058
Phone: 518.265.9131
Fax: 845-331-2004
Toll Free: 866.889.6882
Video Library
General:
- Personal Injury Attorney In New York Is Motivated By The Difference His Case Results Make In Peoples Lives
- How To Know Which Law Firm Is Right For You According To Medical Malpractice Attorney In New York
- Knowing You Are The Victim Of Medical Malpractice Can Be Tricky According To New York Attorney
FAQ
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- What is the best way to reduce (or even eliminate) photocopy expenses in your law practice in Kingston, New York?
- Why you should never pay attention to lawyer advertisements when hiring a lawyer in Kingston, New York?
- What is the #1 way to defeat a subrogation claim against your injury compensation in New York?