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Showing posts from March, 2017
What You need to Know about Structured Settlements added If you’re involved in a lawsuit as a plaintiff, you’ll have a lot to consider. It’s an emotional and difficult affair. You’ll be presented with many choices along the way and encounter a few surprises. One such choice as the prevailing party in a civil action is in regard to your payment options. When you win a court case, you’ll generally have to choose between a lump sum payout or a structured settlement. Both have advantages and disadvantages but you need to know about structured settlements to make a more informed decision. What You need to Know about Structured Settlements Many personal injury cases result in the plaintiff receiving compensation. While the amounts vary, usually there is an option to take a lump sum or to enter into a structured settlement. Plaintiffs might receive compensatory and/or punitive damage rewards from a court of law. When this happens, the defendant is under court order to pay the plaint
What You need to Know about Structured Settlements SAN ANTONIO - March 15, 2017 - PRLog -- Per Bruce Myles, owner and founder of Proactive Commercial Lending Group, LLC,"a Texas Commercial Lender,"Many personal injury cases result in the plaintiff receiving compensation. While the amounts vary, usually there is an option to take a lump sum or to enter into a structured settlement. Plaintiffs might receive compensatory and/or punitive damage rewards from a court of law. When this happens, the defendant is under court order to pay the plaintiff. So, you can opt to receive a lump sum or go with a structured settlement. But you should know what the latter means. Here's what you need to know about structured settlements: 1. A structured settlement provides a steady income stream. The most attractive aspect of choosing a structured settlement is that you receive, regular payments. That provides peace of mind for most people. But, there are instances when it
What You need to Know about Structured Settlements Many personal injury cases result in the plaintiff receiving compensation. While the amounts vary, usually there is an option to take a lump sum or to enter into a structured settlement. Plaintiffs might receive compensatory and/or punitive damage rewards from a court of law. When this happens, the defendant is under court order to pay the plaintiff. So, you can opt to receive a lump sum or go with a structured settlement. But you should know what the latter means. Here’s what you need to know about structured settlements: ? A structured settlement provides a steady income stream. The most attractive aspect of choosing a structured settlement is that you receive, regular payments. That provides peace of mind for most people. But, there are instances when it’s not as advantageous. ? The payments from a structured settlement are mostly tax free. Another benefit to receiving a structured settlement is the payments are mostly tax fr