What is a Structured Settlement?
A structured settlement provides regular payments over time instead of a one-time lump sum. It is often used in personal injury and wrongful death cases to provide long-term financial security.
Benefits of structured payments
- Guaranteed income stream
- Potential tax advantages
- Protection from overspending
When to choose a structured settlement
Structured settlements are often a good option when the claim needs to fund future medical care, education, or long-term expenses.