Structured settlements and Annuities

Annuities and structured settlements are very common financial techniques of court cases. In the case of structured settlements, the defendant pays cash to the claimant instead of paying in lump sum of cash. The amount of payment and terms of the structured settlements vary from case to case. Now the question arises that what is the structured settlements cash?

Well for a common man it is very important to know the exact meaning of the structured settlement. There are two options you have to make while filling a case in the court, whether you file a case against an individual or you file a case against a business firm. A person also determines the amount through he will be able to drag the individual or the company to the court. Moreover a person has to know the way to come up with a good deal that is beneficial for both parties. On the other hand if you are claiming a case against a business firm than the business firm might offer you a lump sum amount an in that case the option of payment in installments, would be a better idea for you. Because the payment in installments act as the regular income and it gives a good solution to meet your financial needs. The frequency and amount of cash is decided by the parties and it is a win, win situation for all. Always plan your structured settlement wisely as it will affect your future finances. 

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