A structured settlement is an agreement between two parties in a court case that involves payments to the victim over set intervals of time. ; Structured settlements are typically used in personal injury, wrongful death and workers’ compensation settlements to provide financial security to the victim, and are usually tax-exempt. ; Structured settlements often use annuities to provide regular, guaranteed payments.
Table of Contents ; What Is a Structured Settlement? · How Do Structured Settlements Work? · The Structured Settlement Process · Structured Settlement Pros and Cons · Frequently Asked Questions (FAQs)
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Structured settlement annuities are annuities used to fund damages in the settlement of claims, lawsuits or legal disputes. Structured settlement annuities permit one or more customizable cash flow...
A structured settlement is a negotiated financial or insurance arrangement through which a... the annuity. In some instances the purchasing company may purchase a life insurance policy as a...
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the annuity contract, is excludable from the settlement recipient’s income under IRC section 104(a)(1) or (2). Congress has endorsed the use of structured settlement as a means of...