How Courts Award Structured annuity Settlements
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Attorneys, with court approval, often use structured settlements as a way to compensate plaintiffs involved in personal injury lawsuits. Once a plaintiff and defendant resolve a claim by settling it with an agreeable damages amount, a pay-over-time arrangement is struck. (This also can happen when a plaintiff wins money following a successful verdict.)
The way this works is the defendant hands over future liability through a qualified .
Structured Settlement IPA,2015's Best Annuity Rates,Structured Settlement,Fast Settlement Advancesassignment. Through tax laws, any future financial responsibility gets turned over to a third party. The qualified assignee then purchases one or more annuities from an insurance company. After this, the insurance company starts paying the plaintiff periodic payments.
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