What are structured settlements?

Answer Structured settlements work around the problems that are inherent to large, lump-sum payments. It essentially entails a payment plan in which money is awarded periodically to the winner of a person... Read More »

Top Q&A For: What are structured settlements

When are structured settlements awarded?

People who win lawsuits are usually awarded lump sum payments. When the amount awarded is very large, however, the court may offer them the choice of either a lump sum or structured settlement paym... Read More »

What does the term structured settlements mean?

Structured settlement is a way to pay money form a settled lawsuit. Instead of getting one payment of the full settlement, you get smaller payments spaced out over several years.FeaturesAfter a law... Read More »

How do structured settlements work?

A structured settlement is a financial arrangement arising from a lawsuit, pre-litigation, or worker's compensation settlement. Payments are made on a predetermined schedule until the structured se... Read More »

What is the definition of structured settlements?

Structured settlements are payment plans by which an individual is paid on a scheduled basis. They are considered a form of annuity, and there are various reasons for receiving structured settlemen... Read More »