Structured settlement


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Structured settlement

An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.

Structured Settlement

The judgment or final agreement in a lawsuit where one party (usually the defendant) pays the other party (usually the plaintiff) a certain amount of money over a long period of time. A structured settlement allows the "winning" party to receive a large amount while still making payment affordable for the other party. Some companies purchase insurance policies where the insurance company pays any structured settlements that may arise.
References in periodicals archive ?
10, 2015 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, reports today that they will be focusing on structured settlement funding in 2016.
Both structured settlement annuitants and lottery annuitants experience unique financial demands, which must be handled on a case by case basis.
As part of the settlement strategy, I recommended starting the negotiation with a combination of cash and a structured settlement.
The Hartford is re-entering the structured settlement annuity market as part of an ongoing strategy to grow its annuity business.
A structured settlement recipient can avoid disqualification from public assistance when the annuity is used in conjunction with the appropriate trust.
Sample documents include a case intake form; a client letter; client education materials; a client acknowledgement; Medicaid, Medicare, and ERISA correspondence; a structured settlement agreement; and both a motion to approve and an order approving settlement.
This article discusses the basic characteristics of structured settlements and assignments and focuses on how the emerging use of structured settlement payments, in conjunction with nonqualified assignments outside of the physical injury context, affects a plaintiff's income recognition.
Moreover, if the recipient dies, heirs have access to the remaining lump sum, while structured settlement payments often stop at death.
This structured settlement tool is often used in cases involving catastrophic injury and wrongful death.
Ringler Associates, Inc, the largest structured settlement company in the nation, announces the appointment of James M.
The statute requires mandatory disclosures by structured settlement purchasing entities and sets standards governing judicial review of transfers of structured settlement payments.
He could develop structured settlement and annuity leads to structured settlement companies, banks, finance institutions and lawyers by the fist-full.
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