Monday, September 14, 2009
Lump Sum - Claimants: Cons
lump sum may be too small
- needs may be greater than expected
- costs of care inflation may be higher than
expected
- plaintiff may live longer than expected
- expected investment performance may fail to
materialise
relatives/carers may squander the lump sum
plaintiff may fall back upon the State for care
- needs may be greater than expected
- costs of care inflation may be higher than
expected
- plaintiff may live longer than expected
- expected investment performance may fail to
materialise
relatives/carers may squander the lump sum
plaintiff may fall back upon the State for care
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