Questions that you may have if you have been awarded a Structured Settlement. http://structuredsettlementmoney.org Structured Settlement Questions When you learn that you are going to receive a structured settlement, a lot of times you have questions about what it really is. http://structuredsettlementmoney.org Structured Settlement Questions So here are some of the more frequently asked questions, other than the most important, which is: “How or when do I get my structured settlement money?” http://structuredsettlementmoney.org What is the definition of a structured settlement? A structured Periodic Payments settlement pays the person who has won the settlement over a period of time, instead of just paying all at once. http://structuredsettlementmoney.org What is the definition of a structured settlement? These payments are sometimes called “periodic payments.” Often it will be created through the purchase of one or more annuities, which guarantee the future payments. So, normally you will need to investigate, not only structured settlements, but annuities as well. http://structuredsettlementmoney.org Am I able to put down structured settlements as collateral for a loan? Usually, it can’t be listed as collateral, but one way that it does help is that you can list it as a form of income. This can be very helpful if you are making a big purchase, like a house. http://structuredsettlementmoney.org Will I receive interest on money I get from a structured settlement? No. The interest is included and, is therefore, tax-free. The only way to get additional interest, is to invest your payments. Of course, that money would be taxable, just like any other investment. Will I receive interest on money I get from a structured settlement? Make sure you ask questions if there is something that you don’t understand. Be sure that you understand everything and that everything is clear to both you and to your attorney. http://structuredsettlementmoney.org Will I receive interest on money I get from a structured settlement? Once the papers are signed, it’s non negotiable and you have to be happy with what you have been given, so it’s a good idea to be clear on all the details. Ask all of the questions that you want to know, and get all of the facts. http://structuredsettlementmoney.org There are ways to “cash” out your settlement and get your structured settlement money, which we’ll discuss in a later video. To Learn More, Go To Our Site At:
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