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