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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about
Category: Cleveland Structured Settlements
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Amended Section 2111.18 of Ohio Revised Statute, shields information about an Ohio minor’s settlement from 3rd parties, such as structured settlement factoring companies, trawling court dockets looking to exploit a minor once they reach the age of majority,.for pennies on the dollar.
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A structured settlement is a financial arrangement where a claimant receives part of their compensation as periodic payments instead of a lump sum, often following a personal injury or wrongful death claim. Governed by specific IRS regulations, these settlements can be funded through life insurance companies or government obligations and offer tax benefits.
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A personal injury lawsuit settlement is not considered a capital gain in Ohio or any other location. Capital gains refer to the profits earned from the sale of a non-inventory asset acquired at a lower price. A capital gains tax is imposed on such profits.
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An indexed annuity is NOT a structured annuity contrary to words of a contributing editor to Insurance News Net. A structured annuity is a term signifying an annuity used as a qualified funding asset [defined at IRC 130(d)*] or otherwise used to fund a future periodic payments to resolve litigation.