Description: Structured Settlements FAQ Ask John Darer anything about structured settlements. John Darer reviews frequently asked questions about structured settlement questions by plainiffs, attorneys and claims professionals. Call 888-325-8640 for your structured settlement FAQ..
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A. Structured settlement are a core personal injury settlement planning tool that provides customized streams of income, giving income stability to structured settlement payees, with tax advantages. Structured settlement annuities are a flexible funding asset for structured settlements that allows specific needs to be addressed with precision not characteristic of market based investments. For more information about structured settlements and how you get one, please click here. A structured settlement is
A. A structured settlement arises out a negotiation between adverse parties who agree to a compromise. The parties each must agree to settle. In other words "we both agree to lay down our arms and stop the fight if you do this and we do that". You are not awarded a settlement by a judge or jury, or awarded a structured settlement like a sticker for a project well done. If it were an award, it would be called an award, not a settlement. The terms settlement and award are not synonymous. A number of webs
A. Mechanically speaking, a structured attorney fee using a qualified assignment or non qualified assignment, works similar to a structured settlement for the plaintiff. The release spells out the future payment obligation to the attorney or law firm and when this future payment obligation is assumed by the qualified assignment company or non qualified assignment company for consideration, there is a novation and the defendant's or insurer's liability to make such payments is extinguished.