Structured Settlement

Structured Settlement


When a plaintiff settles a case for a personal injury or commercial litigation case they have four different options in receiving compensation. They have the choice of receiving a lump sum of funds for the settlement or receiving payments over a set time frame. When a plaintiff decides to get payment in installments this is called a structured settlement.

There are several different options to setting up a structured settlement. A structured settlement can be paid out yearly, quarterly & sometimes every month depending on how the payments have been set up. The main reason why plaintiffs will get payments as a structured settlement is due to tax implications. When a person opts to get payments as a structured settlement oftentimes the tax burden decreases & in some cases taxes can be avoided.

Another reason why plaintiffs will opt to get their compensation as a structured settlement is the ability to have an ongoing source of income over a set timeframe. For individuals that don’t have financial obligations or financial hardships structured settlements are oftentimes the best way to get payment from a personal injury or commercial litigation case.

Due to hard economic times, people are now losing their jobs by the millions. With the rise of the unemployment rate & the decline in new jobs, people are beginning to look at new ways to earning a dollar. For those who have structured settlements perhaps one way is to sell part or the whole annuity. When a person decides to secure a structured settlement they still have options to sell their payments to a lawsuit funding company. A lawsuit funding company that provides structured settlement buyouts will purchase part or the full annuity with the intentions of making a percentage on the sale. These companies usually prefer structured settlement purchases because they are much safer than that of a pre settlement loan. Because the risk is much lower the rates tend to be more affordable to the plaintiff.

Regardless, the plaintiff ought to always think about shopping their rates with several companies in order to find the best percentages for the buyout. Before signing off your structured settlement payments you ought to always think about contacting your lawyer to review the terms & agreements of the sale.

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In the event you are currently looking for additional information on a structured settlement start by visiting LawLeaf today. LawLeaf is an online lawsuit funding service that works with a network of lenders.

Structured Settlement

Structured Settlement

Structured Settlement

There are several different options to setting up a structured settlement. A structured settlement can be paid out yearly, quarterly & sometimes every month depending on how the payments have been set up. The main reason why plaintiffs will get payments as a structured settlement is due to tax implications. When a person opts to get payments as a structured settlement oftentimes the tax burden decreases & in some cases taxes can be avoided.

Another reason why plaintiffs will opt to get their compensation as a structured settlement is the ability to have an ongoing source of income over a set timeframe. For individuals that don’t have financial obligations or financial hardships structured settlements are oftentimes the best way to get payment from a personal injury or commercial litigation case.

Due to hard economic times, people are now losing their jobs by the millions. With the rise of the unemployment rate & the decline in new jobs, people are beginning to look at new ways to earning a dollar. For those who have structured settlements perhaps one way is to sell part or the whole annuity. When a person decides to secure a structured settlement they still have options to sell their payments to a lawsuit funding company. A lawsuit funding company that provides structured settlement buyouts will purchase part or the full annuity with the intentions of making a percentage on the sale. These companies usually prefer structured settlement purchases because they are much safer than that of a pre settlement loan. Because the risk is much lower the rates tend to be more affordable to the plaintiff.

Structured Settlement
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