Structured insurance settlements didn’t come to the United States until the 1970s as allowable option instead of the lump sum payment.  Some financial advisors prefer their clients get structured payments because the client will receive payments long after the pain that caused the settlement has passed.  The insurance companies prefer the structured settlements because it’s not a large of a hit to their cash flow and it balances out their risk over a longer period of time.  I personally hate the structured settlements and think you should sell structured settlement payments as soon as possible.  If the judge forces one make sure the payment is assigned to a third party or an annuity because you don’t want to have to depend on the defendant to keep making the payments. Why the Structured Payment Sucks The structured payment is horrible because a judge and lawyers determine what the worth of your money is not you.  Many times they’ll argue the value of the money is inflation or the pay ... Read more »