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Structured Settlements Explained
by Paula Montgomery

What are structured settlements?

 

A structured settlement is a cash payout to a plaintiff in a lawsuit that can occur over time. Unlike lump sum payments, there is a period of time, which is often equivalent to the duration of the plaintiff’s life. The payments take the form of a lifetime annuity.

 

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A structured settlement is a financial or insurance arrangement for cash up front ...

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A structured settlement is a financial or insurance arrangement, including periodic payments, that a claimant accepts to resolve a personal injury tort claim or to compromise a statutory periodic payment obligation.

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