There is a wealth of information out there regarding structured settlement annuities. Much of it is informational, and with the help of a trusted advisor, claimants involved in personal injury, wrongful death, and workers’ compensation cases can use a structured settlement to preserve their long-term financial stability. Unfortunately, as is the case with almost any topic these days, there is a significant amount of misinformation on the web when it comes to structured settlements.
Take this Huffington Post article for example. In it, the author writes,
“A structured settlement is exactly the same as a lump sum, except the amount is paid out in installments, rather than all at once.”
What’s the truth? Structured settlement annuities DO provide claimants with a series of installment payments, but they AREN’T the same as a lump sum. There are significant advantages to a claimant placing all or a portion of their settlement proceeds in a structured settlement, rather than accepting the entire settlement as a lump sum:
Trust our structured settlement experts
Our team helps educate injured claimants on all of their available settlement options, including structured settlement annuities. To learn more, contact us today at 800-354-2258 or firstname.lastname@example.org.