by John Darer® CLU ChFC MSSC CeFT® RSP CLTC
A structured settlement is not an all or nothing decision.
A structured settlement provides stable core income payments, on a tax-free basis if receiving the payments as damages on account of personal physical injury, physical sickness, wrongful death or workers compensation. Stable income may be helpful as a foundation while rebuilding a life and working toward long term financial security.
Nevertheless, a structured settlement is generally not an all or nothing decision. You do not have to structure your entire settlement after legal fees.
Work with a credentialed settlement planner or structured settlement consultant to help you with your structured settlement allocation.
A steady income from a structured settlement payment doesn't leave you in a mess with an empty roll