|
The Benefits of a Structured Settlement |
|
|
|
|
Tuesday, 04 September 2007 |
|
Decades ago, an individual who sustained injury due to the negligence of another party had no choice but to take their financial compensation in one large payment. Most people would invest this lump sum and live off the profits. Sometimes, this was a really good thing. Other times, it could be a total disaster. These days, there is an alternative to the lump sum payment, and it is called the structured settlement. A structured settlement involves an agreement that states the compensation amount will be paid to the injured party in installments rather than all at once. There are some clear benefits to receiving a structured settlement.
|
|
Last Updated ( Thursday, 01 November 2007 )
|
