Q: How is the value of my structured settlement determined?
What is my structured settlement worth?
A: The value of a structured settlement depends on factors such as the total amount of payments, the payment schedule, and the present value of future payments. The present value is calculated by discounting the future value of your payments, considering factors like the time value of money and the discount rate. If you plan on selling your structured settlement, comparing offers from multiple companies is important to ensure a fair valuation. Selling your structured settlement should only be considered after exhausting all other financial options.