Welcome to the Structured Settlements website
Sometimes when a plaintiff settles a case for a large sum of money, the defendant, the plaintiff's attorney, or a financial planner consulted in association with the settlement, will propose paying the settlement in installments over time rather than in a single lump sum.
When a settlement is paid in this manner it is called a "structured settlement".
Often the structured settlement will be created through the purchase of one or more annuities, which guarantee the future payments.
A structured settlement can provide for payment in pretty much
any schedule the parties choose. For example, the settlement may be
paid in annual installments over a number of years, or it may be
paid in periodic lump sums every few years.
Some benefits
Structured settlements provide a steady stream of cash that is completely free of tax liability, both Federally and at the State level.
This is completely different than lump sum settlements where investment proceeds made with them such as interest are subject to both Federal and State taxes.
This site is a free service that will allow you to find out what you need to know at a basic level about structured and unstructured settlements.
Another benefit to structured settlements, especially for seniors and their adult children, is that there is added security in receiving smaller amounts of cash over time.
Many seniors are the target of greedy people and a large pot of available cash can make them an even more attractive target to conmen, and subject them to permanent loss of assets if they are grossly mismanaged by a trustee.
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The following links will give you more information about Structured Settlements..
Structured Settlement Links