Structured settlements – What are they and how do they work?

There has been always too much discussion about structured settlements but do you know what they are? A structured settlement is a different kind of annuity that pays you a reward from lottery winnings, worker’s compensation claim or any other personal injury cases, that comes in the form of either a legal settlement or a lump sum with certain tax benefits. The owners of the structured settlements...

3 Commonly Asked Questions About Structured Settlements

There are many reasons why someone might receive an annuity. Perhaps you are getting a payout due to the outcome of a lawsuit or injury claim. Maybe you are guaranteed a certain payment over a period of time during your life or after your death. Some people simply receive regular monies from an insurance company.