These forms of tailored settlements are agreed upon by planning and negotiation . Thus the claimant can involve himself along with his attorney into the drafting of such an agreement to suit his financial requirements. There is no end to the possibilities and thus, the parties can devise payment schedules in any way that they want. As discussed before, the claimant can also choose to have no payments for few initial years and fixed annual installments thereafter to fund retirement needs. The amount for initial few years could vary from the installment amount for years thereafter. The claimant can also choose to have no payments for few initial years and fixed annual installments thereafter to fund retirement needs.
