Cashing in Structured Settlements
How and why are people getting cash for their structured settlement payments
The Internet and late night television infomercials are flooded with ads about how to cash in your structured settlement annuity. But before you take the plunge and liquidate, you should ask yourself a few questions.
Steps for cashing in structured settlement annuity payments
The first thing we should discuss is exactly what structured settlement means and how they are used. A structured settlement is a voluntary agreement between two parties, the injury victim and the defendant. The victim can be anyone from someone injured in a car accident to a family member in a wrongful death claim.