When you'll have a structured settlement, you'll still be eligible for private health care programs.
There must be a good reason for you to turn your structured settlement into cash, paid in monthly installments, into a lump sum. Although there is a specific legal process to go through, there is also a degree of flexibility in what constitutes a genuine need, and the final decision will be down to the discretion of the judge.
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A structured settlement is tax-free and you can meet with qualified specialists to plan it. When you'll have a structured settlement, you'll still be eligible for private health care programs.
Evans Clark | Instead of one large amount of money, you'll get regular payments over a certain period of time. These payments will be divided to match your needs.
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Cash for Structured Settlement
Originally posted on Medical Executive-Post .... News, Trends & Insights for Savvy Doctors and their Advisors: What it Is - How it Works? [By Staff Reporters] A structured settlement (sometimes called a "periodic payment settlement") is a claim settlement under which some of the proceeds will be payable in deferred installments in lieu of immediate cash.
Structured settlements are very flexible. The options of getting paid are technically limitless. You decide when to receive money and how much. You can choose to receive the compensation over a number of years or for life.
Structured settlements apply to a large range of cases concerning injury, wrongful death or workers' compensation claim. They apply disregarding of the amount of money involved in the case. They ensure your financial security in times of distress. There is no risk of losing money due to unwise investments or lack of financial know-how.