Welcome
to Structured Settlements Information.
A structured settlement involves a financial or insurance
arrangement which includes a periodic cash flow stream of payments,
that a claimant or plaintiff accepts in order to resolve a
personal injury claim or other legal case. They were first
utilized during the 1970s as an alternative to lump sum payments
and are now part of the statutory tort law of several common
law countries. Structured settlements are an innovative method
of compensating injury victims. Encouraged by the U.S. Congress
since 1982, it is a completely voluntary agreement between
the injury victim and the defendant. Under a structured settlement,
an injury victim doesn't receive compensation for his or her
injuries in one lump sum. Rather, they will receive
a stream of payments tailored to meet future medical expenses
and basic living needs.
A structured settlement is a deferred payment method for compensating
injury victims, and is a voluntary agreement between the injury
victim, plaintiff and the defendant. The plaintiff will receive
the monetary payout over the course of a number of years through
this deferred payment agreement.
Want to sell your structured settlement? Many times you may
be able to sell your deferred payment stream to a buyer in
exchange for a lump sum payment. It is important that you
seek the advice of your attorney in all legal decisions.
Learn about the many different settlement types, accident, life, viatical, senior, medical, annuity, pre funding and cash flow arrangements.
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