I currently have a medical malpractice case concerning the death of my wife in hospital during a simple procedure; she was the patient. Expert evidence suggests that the hospital is directly culpable. The hospital is pressing for a settlement, but it is unwilling to meet my request for compensation half-way. My questions are:
1) Why should I settle given that my case is strong ?
2) What are the pros & cons of a settlement?
3) What is the average monetary value of a settlement like mine?
4) What conditions should I expect to be bound to in the settlement ?
5) Will my children be bound to the same settlement conditions although they are not plaintiffs?
6) Should I expect a lump sum or incremental settlement payments ?
7) Must I pay taxes on the settlement?
Expert advice appreciated. Thanks.
Sign up to receive a 3-part series of useful information and advice about personal injury law.