Structured Settlements
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      Q: What are the benefits of a structured settlement?

      What are the benefits of accepting a structured settlement?

      A:  Structured settlements provide several advantages, including:

      • Tax-free income: Payments are generally exempt from federal and state income taxes. Read more here: Are structured settlements taxable?
      • Long-term financial stability: Regular payments help claimants manage expenses without depleting a lump sum.
      • Customization: Payment schedules can be tailored to suit individual needs.
      • Protection from creditors: Depending on state laws, structured settlements may offer protection against creditors and lawsuits.
      • No market risk: Payments are not subject to fluctuations in financial markets.