Q: Can structured settlements be inherited?

If I die before receiving all of my structured settlement payments, can I leave them to a beneficiary?

A:  Structured settlements can be inherited if the payment schedule includes a guaranteed payment period or a beneficiary designation. In these cases, the remaining payments will be transferred to the designated beneficiary upon the claimant's death. If there's no guaranteed payment period or beneficiary, the payments may cease, and the remaining funds return to the annuity issuer.