Structured Settlements Definition

Whether you should opt for a lump sum payment or a structured settlement will depend on many factors including your tax liability how you plan to spend the money and whether you need assistance in managing a large sum of money. The majority of settlements in personal injury cases are lump sum payments.

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Why Do I Need A Structured Settlement

Like other tax deferral ideas their results are more impressive the longer their term and.

Are structured settlements a good idea. Learn more about structured settlements by talking to a lawyer. This series of payments is called a structured settlement. A lump sum payment means that the defendant or the defendants insurance company makes one payment to you and that payment settles the casehowever instead of a lump sum payment some plaintiffs opt to have their compensation paid out in a structured settlement. This excitement often turns into disappointment when they find out that all they can get is a structured settlement. Structured settlements are tax efficient and can have asset protection and spendthrift advantages too. There are myriad legitimate reasons to have the ability to use your structured settlement transfer money now. Contact an experienced personal injury attorney to discuss the facts of your case and help you decide whether a structured settlement would be in your best interest. Having the ability to access these funds now rather than later makes sense to a lot of people. Why you should avoid structured settlement investments. Selling a structured settlement. Economics in one lesson what the greek crisis means for your portfolio stay focused on your plan during the good times. A structured settlement will normally require payment of an initial sum of money to the plaintiff with additional payments to be made over a period of years. Whatever the reason a structured settlement payment stream is a personal financial asset that can be exchanged for cash today. Many people who are awarded a lawsuit settlement will be excited that they will receive a lot of money. One of the constant refrains that structured settlement experts hear from trial lawyers as well as their clients is that structured settlements are a bad idea in a world where interest rates are offering effectively zero rate of returns when you factor inflation into the yield at 2.

By larry swedroe. Why its a good idea to sell a structured settlement. Lets look at a few reasons that you might be considering selling and talk about them. A structured settlement is an arrangement through which the plaintiff agrees to receive the settlement through periodic payments made on an agreed schedule instead of as a lump sum. Five situations where you might wonder if selling a structured settlement is a good idea. In many circumstances a settlement may be a faster cheaper and less stressful alternative to trial. Despite all your research and soul searching you may still be wondering if selling a structured settlement is a good idea.