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- Structured_settlement abstract "A structured settlement is a financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving periodic payments on an agreed schedule rather than as a lump sum. Structured settlements were first utilized in Canada after a settlement for children affected by Thalidomide. Structured settlements are widely used in product liability or injury cases (such as the birth defects from Thalidomide). A structured settlement can be implemented to reduce legal and other costs by avoiding trial. Structured settlement cases became more popular in the United States during the 1970s as an alternative to lump sum settlements. The increased popularity was due to several rulings by the IRS, an increase in personal injury awards, and higher interest rates. The IRS rulings changed policies such that if certain requirements were met then claimants could have federal income tax waived. Higher interest rates result in lower present values, hence annuity premiums, for deferred payments versus a lump sum.Structured settlements have become part of the statutory tort law of several common law countries including Australia, Canada, England and the United States. Structured settlements may include income tax and spendthrift requirements as well as benefits and are considered to be an asset-backed security. Often the periodic payment will be created through the purchase of one or more annuities, which guarantee the future payments. Structured settlement payments are sometimes called periodic payments and when incorporated into a trial judgment is called a “periodic payment judgment."".
- Structured_settlement wikiPageExternalLink usc_sec_26_00000130----000-.html.
- Structured_settlement wikiPageExternalLink publications.html?func=startdown&id=2772.
- Structured_settlement wikiPageID "1449600".
- Structured_settlement wikiPageRevisionID "604166845".
- Structured_settlement hasPhotoCollection Structured_settlement.
- Structured_settlement subject Category:Bonds_(finance).
- Structured_settlement subject Category:Economics_terminology.
- Structured_settlement subject Category:Finance.
- Structured_settlement type Attraction111426530.
- Structured_settlement type Bonds.
- Structured_settlement type ChemicalBond111436283.
- Structured_settlement type Force111458624.
- Structured_settlement type NaturalPhenomenon111408559.
- Structured_settlement type Phenomenon100034213.
- Structured_settlement type PhysicalEntity100001930.
- Structured_settlement type PhysicalPhenomenon111419404.
- Structured_settlement type Process100029677.
- Structured_settlement comment "A structured settlement is a financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving periodic payments on an agreed schedule rather than as a lump sum. Structured settlements were first utilized in Canada after a settlement for children affected by Thalidomide. Structured settlements are widely used in product liability or injury cases (such as the birth defects from Thalidomide).".
- Structured_settlement label "Structured settlement".
- Structured_settlement sameAs m.052hs8.
- Structured_settlement sameAs Q12859808.
- Structured_settlement sameAs Q12859808.
- Structured_settlement sameAs Structured_settlement.
- Structured_settlement wasDerivedFrom Structured_settlement?oldid=604166845.
- Structured_settlement isPrimaryTopicOf Structured_settlement.