Q: Are there restrictions on what I can use structured settlement funds for?

Can I use my structured settlement payments for anything I want?

A:  There are generally no restrictions on using your structured settlement funds. You can use the payments for any purpose, such as living expenses, medical bills, education, investments, or savings. However, if you sell your structured settlement, the court may require you to demonstrate a legitimate need for the lump-sum payment and that the sale is in your best interest.