Q: Do structured settlements have a cash value?

Is there an account balance or a cash value associated with my structured settlement?

A:  Structured settlements do not have a cash value like some insurance policies or investment products. However, you may be able to sell your structured settlement for a lump-sum payment, which is determined by discounting the future value of your payments to a present value. The lump-sum amount will depend on factors such as the payment schedule, the total amount of future payments, and the discount rate. Selling your structured settlement should only be considered if you are out of other financial options.