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A structured settlement, for those who do not understand anything legal, is best described as the following. A structured settlement is a particular financial arrangement, a term defined by the Internal Revenue Code.

It is also termed as an insurance arrangement also defined by Internal Revenue Code.  What will happen if you win a claim, you receive monthly, or otherwise structured periodic payments.  Instead of a lump sum you will receive monthly payouts on your settlement.  This can cause problems for those who need all their money now!

Structured settlements were first used in Canada.   After which, structured settlements  became very popular outside of Canada, particularly in the USA.

There was an influx of lump sum settlements in the 70′s.  Structured settlement cases became more and more popular.  The IRS  governs structured settlements.

More likely than not, a periodic or monthly payment will be issued through the purchase of one or more annuities.  For this reason it generates future payments.

Structured settlement payments are sometimes called “periodic payments”.  Hopefully we are making it easy for you to understand exactly what a structured settlement is.  If you have any questions, please do not hesitate to contact us. We are quick to getting back.  We realize you want a quick answer, and we’re here to give it to you.

When implement into a trial judgment a structured settlement is called a “periodic” payment entered in as a  judgment. These payments are also called a coupon for a regular bond.

So many people with structured settlements need their money now. You can sell a structured settlement to Sovereign Funding Group and get the best offer, far better than any of the major competitors.  Call now or request a free quote.