Structured settlements were introduced in Canada and the United States in the 1970’s. They were introduced as an alternative to lump sum payments, common in insurance settlements and lottery winnings. In the decades since, they have also been accepted as legal financial instruments in England and Australia.
The aforementioned common law countries have decided to [...]
September 3, 2010 | Posted in
Pensions |
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Sometimes when a plaintiff settles a case for a large sum of money, the defendant, the plaintiff’s attorney, or a financial planner consulted in association with the settlement, will propose paying the settlement in installments over time rather than in a single lump sum. When a settlement is paid in this manner it is called [...]
September 3, 2010 | Posted in
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Very often a person, who has received the settlement is more than willing to sell it to get the cash lump sum of money. This option is wise, if the person will need a lump sum of money right away and cannot wait for the periodic payments.
1. The Structured Settlement Investment Is An Easy Solution.
When [...]
September 2, 2010 | Posted in
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When accidents occur, whether an auto accident, slip and fall, medical malpractice, wrongful death, or any other non workplace related injury happens, structured settlements are often set up with insurance companies to pay for these tortious acts. People who are in involved in personal injury or insurance related cases elect to receive a series of [...]
September 2, 2010 | Posted in
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If you’ve agreed to accept a structured settlement, it’s likely that you felt a sense of relief that your financial uncertainties were being resolved, and that you’d have the funds necessary to pay your bills, support your family and go on with your life. When you agreed to the terms of the settlement, hopefully with [...]
September 2, 2010 | Posted in
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Usually people get the structured settlement payments as the results of the lottery winnings, court judgements, wrongful death suit or workers’ compensation.But the living situations can change suddenly and a [...]
September 2, 2010 | Posted in
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The process of selling structured settlement takes some time so if you are planning to sell it, you are advised to start ahead. It takes around two months of time to get approved and receive cash in your hand from factoring company. Some states in US regulate these companies to issue payments fast after approving [...]
September 1, 2010 | Posted in
Pensions |
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The idea of buying Structured Settlements is quite very interesting. The settlements made by insurance companies against the claims or any damages that are awarded by the quotes for the lawsuits that have been filed either in installments or in lump sum Annuities. The damages that are paid in installments are known as Structured Settlements. [...]
September 1, 2010 | Posted in
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Workers retiring now face the dire prospect of getting about half the income they would have received 15 years ago, research reveals today
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September 1, 2010 | Posted in
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Hardworking Britons are being hung out to dry by companies who could do more to prevent the demise of generous salary-linked pensions, experts say
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September 1, 2010 | Posted in
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