Archive for October 18, 2006

What Is a Structured Settlement?

Structured settlements are structured cash payments through an annuity system that is established to compensate injury victims for their losses. Structured settlements are also helpful with people who may have temporary or permanent disabilities, illegal death, serious injuries, or any other problem that results in the effect of the main wage earner of the household.

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Take Control Of Your Structured Settlement

What are these schemas called structured settlements? Why do they prevail and what are possible pros and downsides? Structured settlements are also defined as episodic payments. They are laws that the legislature has created where the defendants petition, and the plaintiff agrees, that some or all of the payments endowed by a judge or jury are paid to the injured consumer over a drawn out time frame, perhaps as long as 20 years!

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