What is Structured settlements

Structured Settlement Definition - What is it? A Structured settlement is basically payment made periodically to a claimant who has filed a lawsuit as a result of a debilitating injury or sickness due to the negligence or purposeful action of the defendant. Structured settlements can also be an option for lottery winners in receiving periodic payments for their winnings instead of receiving the amount in one lump sum. Payment options in this plan can include basic monthly, quarterly, semi-annual...