Structured Settlements: lumpsum annuity payments
Structured settlements are a method of compensating injury victims. A
structured settlement is a voluntary agreement reached between two parties,
typically a plaintiff and a defendant, under which the injured person is
compensated for damages in the form of a stream of periodic cash payments
purchased for the plaintiff on behalf of the defendant. Structured Settlements
are a completely voluntary agreement between the injury victim and the
defendant.
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There is now Federal Legislation To Require Sellers Of Settlements To Seek Court Approval First
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