structured settlement
A structured settlement refers to a settlement under which the plaintiff agrees to accept a stream of payments in lieu of a lump sum.
structured settlement
A structured settlement refers to a settlement under which the plaintiff agrees to accept a stream of payments in lieu of a lump sum.
Additional Information
Structured settlements can be tailored to the individual's need to provide for inflation, anticipated future medical expenses, education costs for children, etc. Annuities are usually used as funding mechanisms.
