Is Structured Settlement Annuity A Good Choice?
Almost all of us would have heard about the structured settlement. But many people think that the structured settlement annuity is the same as the structured settlements which are not true. These both are two legal mechanisms which are used to pay out money to a person. There is usually a big difference in both these mechanisms. It is important to be aware of both the ins and outs of the mechanisms if you are going to choose anyone between the two. There is no doubt that nowadays many people use structured settlements. This makes it even more critical to find the difference between both. For this first, you have to know the difference between both mechanisms so that you can get a clear idea about it. What are structured settlement annuity? The structured settlement is pretty straight-forward mechanism as its name says. They come from lawsuits involving personal injury or liability during the majority of the time. In this settlement is not provided as the lump sum but the amount is paid