Structured settlements are agreed upon when two parties opt for dismissing the court case in exchange for a financial arrangement that has to be made by the defendant. The defendant and the plaintiff decide about making regular payments over a certain period of time. most injured parties choose the structured settlements options because of the benefits it offers. One of the most important advantages of these kind of settlements is that they hold a great number of tax advantages.
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Tax and Structured Settlements
Source: http://www.finance4noobs.com/tax-and-structured-settlements/
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