When most people think of settlements, they think of the large payouts that celebrities and high-profile individuals receive. But did you know that there are also structured settlements? A structured ...
When somebody plays a part in another person’s injury or financial losses, they’re compelled by a judge or jury to pay a compensation to the wronged party. This compensation is known as a settlement.
A structured settlement is designed to compensate individuals following the outcome of a civil lawsuit. For example, if you were involved in a car accident and were seriously injured, you may choose ...
Structured settlements arise from legal settlements where the amount of damages is paid to the recipient as an annuity over a period of years. This might result from a settlement in an accident case ...
Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...
Often, when larger personal injury or wrongful death cases are resolved, the plaintiff's counsel will be asked "Would your client be interested in a structured settlement?" The purpose of this article ...
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