2024年7月30日 · A structured settlement, sometimes called a structured payment or structured settlement annuity, provides regular, tax-free payments. They’re commonly used for personal injury or legal settlements. Settlements offer financial stability and tax …

2024年7月30日 · Structured settlements are financial arrangements providing a steady stream of income over a specified period. They are typically funded through an annuity. These arrangements usually result from legal settlements.

2024年7月30日 · Lawyers and insurance companies can craft structured settlements to address specific situations and needs of the person receiving the settlement. This includes protecting their settlement from creditors and generating guaranteed lifetime income.

2023年10月20日 · What Is the Purpose of a Structured Settlement? Typically, structured settlements are used to guarantee a stream of tax-free payments for an injured party after a civil lawsuit. These payments can cover medical bills, long-term care or other needs.

2024年7月30日 · Annuities and structured settlements both involve a series of periodic payments, but they are not the same. Annuities are financial contracts purchased from insurance companies, oftentimes, as part of a retirement plan. Structured settlements result from the …

2024年7月30日 · Put simply, a structured settlement is not a loan or a bank account, and the only way to receive money from your settlement is to stick to your payment schedule or sell part or all your payments to a reputable company for a lump sum of cash.

2024年7月30日 · The federal Structured Settlement Protection Act requires court approval to sell your structured settlement. The court approval process helps guarantee your structured settlement transfer is in your best interest. Learn how the court process works and how to improve your chances of approval.

2024年10月7日 · Many personal injury settlements come as structured settlements, which can provide you with a steady stream of tax-free income for many years. Structured settlements are usually paid through annuities, which are owned and administered by life insurance companies.

2024年9月18日 · Today, structured settlements are awarded in a variety of cases, and are common for lawsuits settled out of court. Most claimants get to choose between accepting periodic payments, taking a single lump-sum payout, or some combination of the two.

Our step-by-step guide outlines everything you need to know to easily sell your structured settlement payments for a cash lump sum. Learn how to navigate the structured settlement sales process, prepare for your court hearing and accept a cash offer with confidence.