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How to Get Cash for a Structured Settlement

If you received an award in a personal injury case, you may have opted to receive a series of periodic structured settlement payments rather than receiving a lump sum of cash up front. The payments are usually received as a...

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Structured Personal Injury Settlements

Personal injury lawsuits often result in agreements for structured settlement payments. These are agreements where you agree to accept periodic payments in the future in exchange for releasing the liability of your claim today. Structured settlements can provide almost any manner and timing of payments that you may choose. The cash from a structured settlement may be paid in annual installments over a number of years, or just every few years, or even as a future lump sum.

Once the timing and structure of these payments has be agreed upon, the payments are generally facilitated through the purchase of one or more annuities from a life insurance company. So the money paid actually comes from a reputable and secure company rather than directly from the defendant.

Legal Aspects of Getting Cash for a Structured Settlement

If you have ever considered getting cash for your structured settlement, you may first want to contact a lawyer and financial advisor. There are specific regulations in most states that restrict the sale of structured settlements. You will also need...

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Please consult a licensed insurance agent, securities broker, lawyer, or structured settlement professional for advice regarding your personal situation. This website is for informational purposes only and does not constitute professional, legal or financial advice. Content on this site may be out of date or inaccurate. This website does not provide nor is it licensed to provide structured settlement products, investment products or legal or investment advice. Always seek the advice of licensed professionals.