Types of Structured Settlements


A structured settlement is money that’s been awarded to someone who’s won a lawsuit. However, the person can’t access the money all at once — only in installments. Typically, a predetermined schedule will be created detailing when and how often they’ll receive a payment. The installments are an alternative to large compensatory lump sums that usually don’t offer long-term financial stability.


The most common types of structured settlements involve the following:

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