What is a settlement structured exactly?

What is a settlement structured exactly?

It is an annuity issued by an insurance company. An annuity is the mathematical liquidation of principal and interest. A structured settlement annuity is special is that it has a tax-free gain. That is why an annuity structured solution is used in the settlements demand. 
When an amount is determined (a prize) the insurance company can take that amount, what the figure the interest will be for the future and reach a guaranteed amount that will be paid over a number of years. This amount can be paid monthly, quarterly, semi-annual, annual or a series of payments to both lump sum. The annuity is a useful financial tool.
Speaking of the annuity as a useful financial tool, which will be used to pay for the Big Lottery and casino winnings. Many times you hear of one million dollars to win only learned that your payment more than 26 years. Its more like an interest to earn $325,000 more in Add to equal 26 payments amounting to a total of one million dollars.
When an annuity is sold, as a structured solution or a lottery and casino win, be sure to find an ethical or business agent to sell. Once the sale is that you can not get his pension back.
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