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Many people may still not be aware of an amendment to the Fair Credit Reporting Act (FCRA) that Congress passed last year. This amendment allows U.S. citizens to receive a copy of their credit report, for free, once per year. The plan is being...

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What is Structured Settlement?
Because it is tailor-made for individual cases, the structure may also include some immediate payment to cover special damages. The payment is usually made through purchase of an annuity from a Life Insurance Company. Subcontractor A trade...

 
Is Structured Settlement The Way To Go?

Often, a structured settlement is one that offers the payment of funds owed in an agreed upon way. It works to allow individuals to receive payments of the money that is owed to them in such cases as a lottery winning or a personal injury lawsuit.

A structured settlement also allows for the company making payments to pay in payments rather than in a large, lump sum. To decide if a structured settlement is the right choice for you, consider these factors.

• In many cases, a structured settlement is one that will allow you to receive monthly payments as opposed to one large lump sum. It is often the case that a lump sum will be worth less than the payments could be over time. It is often the most beneficial in dollar amounts.

• Secondly, it has more tax advantages to it than that of a lump sum payment. It is often structured to include a lesser amount of money going to taxes.

• It is a good choice in circumstances where the individual is on disability, is incapable of work or has become incompetent. In these cases, it allows for monthly payments to


allow care throughout the life time.

• In cases where a wrongful death has happened, it is necessary for the spouse and/or children to receive monthly payments to allow for compensation for wages.

• It is also a benefit in such cases where the money will be needed to make payments. For example, in the payments needed for mortgages and car loans.

A structured settlement allows for individuals to receive payments instead of receiving a lump sum. While a lump sum may allow for more right away, a structured settlement allows for continuous help throughout the course of the repayment terms.

Determine which is the right situation for you is something that you and your attorney will need to discuss further. Ask him what a structured settlement can do for you.





About the author:
Ken Austin is the webmaster at Structured Settlement Tips
and Financial Resource Guide



 

National Structured Settlements Trade Association (NSSTA)
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www.nssta.com
 
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Structured Settlements - Prudential Financial
Your company may become liable to pay a settlement as the result of a legal proceeding. A Structured Settlement Annuity provides ongoing periodic payments ...
www.prudential.com
 
Finance - Structured-Settlements Ezine Articles
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites.
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Learn what a Structured Settlement is in plain English. Find Structured Settlements company, payments, broker, annuity and loan info.
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Structured Settlements allow income to be spread over time, which is safer ... Structured settlements are often ideal under the following circumstances: ...
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Structured settlements were first utilized in Canada and the United States ... Structured settlements are now part of the statutory tort law of several ...
en.wikipedia.org
 
Structured Settlement vs. Lump sum - What to do?
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Offers structured settlements, consulting and negotiation services to attorneys representing injured clients.
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DOG BITE LAW - Structured Settlements
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Structured Settlements Law – Lawyers, Attorneys & Free Legal ...
I am confused by the number of internet sites that plug offers of structured settlements, sale of structured settlement annuities, and attorneys who offer ...
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