Structured Settlements 4Real®Blog 2026

Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.

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The STRUCTURED SETTLEMENTS 4REAL® Blog is a highly regarded source for structured settlement news, information, and commentary, led by structured settlement and settlement planning subect mater expert John Darer CLU ChFC MSSC CeFT RSP CLTC. With two decades of operation, the blog and 4structures.com are recognized as comprehensive resources, offering detailed guides and specialized insights. Established in 2005, the blog caters to a broad audience, including legal professionals, injured individuals, families, and various stakeholders, providing reviews and opinions on settlement planning. John Darer, President of 4structures.com LLC, is a seasoned structured settlement expert with over 40 years of financial services experience and 31 years specializing in structured settlements. Based in Stamford, CT, he is a Certified Financial Transitionist and Registered Settlement Planner, holding insurance licenses in 45 states and the District of Columbia. John Darer is dedicated to transparency and advocacy, he emphasizes the importance of engaging trained and licensed professionals for settlement planning, offering valuable insights through his investigative journalism and professional commentary.

New York CPLR 50B Form of Security Must Be Annuity Contract

by John Darer® CLU ChFC CSSC RSP

Security authorized or required for payment of a judgment for periodic installments entered in accordance with New York CPLR Article 50B:

  1. Must  be  in  the  form  of an annuity contract.
  2. Must be executed by a  qualified insurer  and  approved  by  the  superintendent  of  insurance   pursuant  to CPLR Section 5049.
  3. Must be approved by the court.         Source: New York CPLR 5042

The plain language of the statute seems to dismiss a purported hair-brained idea to use trusts using structured settlement receivables (which are not an annuity) and such to fund structured judgments. Factored structured settlement payment streams are not annuities.

Elephant-On-A-BeachballI'm not going to waste my time intellectualizing why, aside from the idea being a statutory belly flop, it's impractical.


Just another hair-brained idea

 

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