Interesting things you find online. Ever heard of a structured settlement? Lets say you had a large sum of cash due you from a lawsuit or personal injury case. A structured settlement is "An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements."
Receiving large sums of money at once can be quite unsettling for many people who don't realize the new challenges that having plenty can bring. A structured settlement helps to pay out the amount in smaller pieces, which may bring tax advantages. It's worth consulting a professional if you ever find yourself in this fortunate position!
It's Del.icio.us!
Furl It!
February 26, 2004 07:55 PM
Good pointer to a good site, Joel. :-)
February 27, 2004 01:10 PM
I'd like to apply for one of those "structured settlements" please. Could you tell me where I can get my name on the list? I could use a few extra $$$ to help finish a family room in the basement!