Cash payout on structured settlement
Jan 21
Personal Finance cash payout on structured settlement, Personal Finance No Comments
Cash payout on structured settlements can be established to provide the claimant with a lump sum as opposed to income for life. For an annuity, in calculating benefits per settlement dollar, the general rule of thumb is: the longer one’s life expectancy, the smaller the payment – and the shorter one’s life expectancy, the larger the payment.