The Primary Market Structured settlements are used to settle lawsuits and claims, primarily personal injury and tort claims. Instead of the plaintiff/claimant being paid a lump sum to settle their claim, a structured settlement generally provides for payments (monthly, periodic lump sum, or both) to be made to the plaintiff/claimant over a long period of time, 20, 30, 40 years or longer, or perhaps for as long as the plaintiff/claimant is alive. When employed appropriately by a knowledgeable, informed professional who understands the advantages and disadvantages of structured settlements and thoroughly explains the structured settlement to the plaintiff/claimant, they are […]