A long-term structured settlement
has several advantages. First, there is security.
A structured settlement provides guaranteed
long-term income. That is often invaluable, as it
gives the victim (or the victim's family) the ability to
adapt and/or recuperate without spending time and
resources determining investment strategies.
A
second benefit is financial: When Congress amended the
federal tax code to encourage structured settlements, it
explicitly provided that 100 percent of every structured
settlement payment would be exempt from federal and
state income taxes.
Take a look at a side-by-side
comparison that shows the financial advantages
of a
structured
settlement by clicking
here.