Structured Settlements Definition

A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule rather than as a lump sumas part of the negotiations a structured settlement may be offered by the defendant or requested by the plaintiff. The law offices of eugene ahtirski 800 200 4384.

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Structured Settlement Attorney

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.

Structured settlement lawyer. 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. The lump sum settlement is the traditional method for settling a case. But this is a complex financial calculation and your lawyer will customarily hire an economist to advise himher on how to calculate the value of the structured settlement. Is a structured settlement right for you. Structured settlements are sometimes offered in personal injury cases in lieu of single payment compensation. Under texas law the structured settlement protection act is intended to provide safeguard measures to protect parties who have entered into structured settlements from transferring their rights to future periodic payments for an inadequate lump sum payment. Advantages of a structured settlement. Learn more about structured settlements by talking to a lawyer. Instead of offering an injured plaintiff a single cash payment a structured settlement is offered whereby multiple payments are made over time. 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. Is one of the leading names in the transfers of structured settlements and has personally seen and represented thousands of these cases through the legal system as a structured settlement attorney. In many circumstances a settlement may be a faster cheaper and less stressful alternative to trial.