Answer:
Structured settlements are an innovative method of compensating injury victims with the use of annuities. Structured settlement is a voluntary agreement between the injury victim and the defendant for future periodic payments.
A structured settlement may be agreed to privately (for example, in a pre-trial settlement) or it may be required by a court order, which often happens in judgments involving minors.
A structured settlement may be agreed to privately (for example, in a pre-trial settlement) or it may be required by a court order, which often happens in judgments involving minors.
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