Structured Settlements means money now!

What is a structured settlement?

The income from a structured settlement is tax-free, both at the Federal and state levels. Because the money is handed out in smaller increments. The income from a Structured Settlement, provided and prevent there is less of a chance of theft or loss of the funds, which would leave the victim without financial aid or income.

• Structured settlements are often ideal under the following circumstances:
• Guardianship cases where the victim dies and leaves minor children. A structured settlement will insure that funds are available for food, housing and education for the surviving family members.
• Workers compensation where the injured party is unable to work for a protracted length of time. The structured Settlement will allow steady income to insure that the victim and their family will continue to have steady income.
• Disabilities of a temporary or permanent nature that require extensive health care or time.

The party that pays in an accident or injury case can benefit from payments over time, as they can set up an annuity to pay the funds over time. The funds are invested with the payments coming out of the proceeds. It’s “hands off” for the paying party, and they typically pay out a smaller amount of money in present dollars than if they paid in a lump sum.

There are many things to consider if you are in a position to receive a large amount of compensation for injury or accident. One of the options may involve payments over time. Before you act, you should learn as much as you can about structures in order to determine if such an agreement is right for you.

Structured Settlement as defined by Wikipedia

www.certifiedstructure.com