Structured Settlement Notary Specialists

Structured Settlements are performed after a suit of some sort has been dispensed. It essentially allows monies owed to be made in payments and terms like a loan. This is in contrast to a lump sum, where all monies are paid in one single transaction.

The plaintiff is then able to choose how to accept the monies. Depending on their needs, it gives them flexibility how to receive the money in a way they can use it most wisely.

If in a court proceeding a plaintiff is determined to be owed money, a structured settlement can be considered instead of a lump sum. Both sides work with a trained consultant to determine the amount of money and the needs of the plaintiff. The consultant then uses the money to purchase an annuity from a life insurance company.

Structuredsettlements.com

You would need to work with the attorney(ies) involved with your suit in arranging a structured settlement.

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