structured settlement shit

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A structured settlement is a negotiated financial or insurance  arrangement through which a claimant or plaintiff agrees to a settlement by receiving part or all of a settlement in the form of  periodic payments on an agreed custom tailored schedule, rather than just in a lump sum.  

A qualified assignment is used to help settle claims or lawsuits involving future structured settlement payments.  With a qualified assignment an assignment company become the substitute obligor to the the defendant or defendant's insurance company. Said another way, one company lays it off to another company.. 

A special version  of the qualified assignment whose purpose is  to give the Payee of the structured settlement a security interest in the annuity contract that is funding the future payments.. So if the assignee or substitute obligor looks  like his fat belly pointing North, y'all get to cut the line in front of the general creditors.

A special version  of an assignment that is used in cases where a structured settlement is done in cases involving taxable damages. or in cases involving wrongful imprisonment

A type of asset that is used to fund an obligation to make future periodic payments in  a settlement agreement.  For cases involving physical injury, physical sickness, wrongful death or workers compensation,  more details can be found at IRC 130(d). A qualified funding asset can be an annuity or an obligation of the United States government.

A structured settlement annuity is an insurance product that used as a qualified funding asset that is used to fund structured settlement obligations of defendants or their insurance companies.

If you want a structured settlement but you already signed a release that says the defendant is off the hook if he gives you a certain amount of cash and that piece of paper is faxed or emailed to the other side it's "Game Over" (see image left. brother!  It's called constructive receipt. It doesn't matter that you don't have the money yet.   Don't worry  the money is coming, but you are no longer eligible for a structured settlement if you have constructive receipt.

A structured settlement broker is actively  licensed for insurance in one or more states who provides quotes for structured settlement annuities and the placement of these specials types of annuities  at the end of a lawsuit, following negotiations at a mediation or settlement conference. settlement planning advice  advice and places structured settlement annuities and other qualified funding assets.

Structured settlement payments that are paid for a fixed period of time and then stop.

Structured settlement payments that are only paid if the Measuring Life is living. 

Structured settlement payments that combine Period certain and Life Contingent payments. Usually reflected as X$ per month, quarter, semi-annual or annually, with X years Certain.. The payments are made whether or not the payee is alive for the duration of the period certain. After that payments are only made if the payee is still alive.