Tuesday, January 5, 2010
Structured settlements
Hello friends, Today we are going to discuss about the most interesting topic to all that is structured settlements. A structured settlement is a financial or insurance arrangement, including periodic payments, that a claimant accepts to resolve a personal injury tort claim or to compromise a statutory periodic payment obligation. Structured settlements were first utilized in Canada and the United States during the 1970s as an alternative to lump sum settlements. Structured settlements are now part of the statutory tort law of several common law countries including Australia, Canada, England and the United States. Although some uniformity exists, each of these countries has its own definitions, rules and standards for structured settlements. Structured settlements may include income tax and spendthrift requirements as well as benefits. no-risk services to help you with the selling of your deferred payments including Structured Settlements, Annuities, Lotteries and much more. With over fifteen years of industry experience SFG has become a nationwide industry leader by offering higher payments and providing vastly superior customer service to our customers.
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