A lump sum settlement option is usually the best choice,even if a beneficiary is not very good at managing money.

Question

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A lump sum settlement option is not necessarily the best choice for someone who is not good at managing money. With a lump sum, the beneficiary may be at risk of spending or investing the money irresponsibly, whereas a structured settlement could provide a more steady and manageable income stream. It ultimately depends on the individual circumstances and financial situation of the beneficiary.

A Lump Sum Settlement Option Is Usually the Best Choice,even