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A Structured Settlement is a method of paying damages
to a plaintiff (injured party) over a period of time when
a lawsuit is settled.
Structured settlement types and situations.
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articles on annuity taxes oline, IRAs, medicaid annuities
onlien, gift annuities, etc. Simply stated, a strucutred
settlment is an agreement in the use of strctured settlemnets
and the enactment.
An agreement in which payments are made in more than one
installment. They may be structured anywhere from something
as simple as an initial payment, followed by a second
and then a final payment several years later, to a sophisticated
program consisting of an initial lump-sum payment, monthly
payments continuing throughout the plaintiff's life, with
a clause that will increase payments for inflation, lump-sum
payments which may or may not increase, endowments for
the education of the plaintiff's children, a medical trust,
and term insurance to cover the cost of burial or to provide
for the care of the plaintiff should his wife or parents
predecease him. It is possible for everyone concerned
in a strctured settlemnt to benefit in some ways from
its use. Insurance companies, for example, are able to
reduce their costs. Plaintiffs' lawyers may be able to
take advantage of some tax benefits they would not receive
if they were to take their fees in a single lump sum.
By electing to have their fees paid over a period of years,
attorneys may achieve a form of income averaging not otherwise
available.
www.immediateannuities.com/content_pages/ssettle.htm
A structured settlement is a periodic stream of payments involves a financial or insurance arrangement.
ettlement, setlement,, settlemen, settelment
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