Sunday, August 29, 2004
Selling your Structured SettlementThere may come a point where a victim who has a structured settlement will want to sell that structured settlement for cash.
Structured SettlementsWhile filing and either winning or settling a mesothelioma case is important, how the payment is made to the victim may be equally important.
Structured settlementstake the victim's needs, tax postion, legal fee obligations and life expectancy into account. Stuctured settlements take a lot of the worry out of suddenly receiving a large sum of money.
As the Hartford Insurance company which offers Structured Settlements explains,
"A structured settlement is a proven, effective solution for the needs of personal injury claimants. Claims professionals, plaintiff attorneys, judges and defense attorneys advocate the use of structured settlements because they can effectively meet a claimant's needs for security, and provide more benefits over time than a single, lump sum settlement because of applicable tax rates."
structured settlements, an overview