Settlemen - Structured

: Both parties agree to a payment plan during settlement talks.

: A judge often must approve the agreement to ensure it is in the recipient's best interest. structured settlemen

: The claimant receives payments on a fixed schedule—monthly, annually, or as milestone lump sums (e.g., for college tuition). Key Benefits What Is a Structured Settlement? - WSJ : Both parties agree to a payment plan

A structured settlement is a financial arrangement where an individual receives compensation from a legal claim—most commonly for personal injury, medical malpractice, or wrongful death—in a series of rather than a single lump sum. These agreements are typically voluntary and are funded through annuities purchased by the defendant or their insurance company from highly rated life insurers. How Structured Settlements Work Key Benefits What Is a Structured Settlement

: The defendant pays a premium to an insurance company, which then issues an annuity to fund the future payments.