The following information has been compiled to help those who may be considering a structured settlement plan or individuals seeking information on the topic of structured settlements.
What is a Structured Settlement?
How are Structured Settlements Taxed?
Structured Settlements: How long will I receive payments?
How much money is enough for a structured settlement?
What Is A Structured Order?
When Can I Get A Structured Settlement?
Who Should Consider a Structured Settlement?
Who should I talk to about structured settlements?
What are the benefits of a structured settlement?

Q: What is a Structured Settlement?

A: A structured settlement is a periodic payment plan that is agreed upon between a plaintiff and defendant. It is used in many cases where the plaintiff is awarded a large sum of money. Instead of receiving the compensation in a lump sum payment, the payments are spread out over a period of time that is decided upon beforehand.

In cases involving personal injury, a structured settlement is especially helpful. If the plaintiff is temporarily or permanently unable to work, a structured settlement provides them with a sense of financial security. The claimant will have a steady source of income which makes financial planning much easier. Another good reason for choosing a structured settlement is the tax benefits they have to offer.