Tag: Structured settlement vs annuity

Understanding Structured Settlement Payments: A Comprehensive Guide
BUSINESS

Understanding Structured Settlement Payments: A Comprehensive Guide

Structured settlement payments can be a great option for those who have received a large sum of money, whether from a lawsuit or an insurance claim. However, many people are still unfamiliar with what structured settlements are and how they work. In this comprehensive guide, we'll cover everything you need to know about structured settlement payments - from how they're made to their benefits and drawbacks. Whether you're considering receiving or offering a structured settlement payment, this article will provide all the information you need to make an informed decision. So let's dive in! What is a structured settlement payment? A structured settlement payment is a type of financial arrangement that provides regular payments to an individual over time instead of receiving the full amount ...