Query on structured settlements

[sspecialme11]

This post may seem out of place.But do try to help

I need more informations about "Structured Settlements". Ive just got a payout and I need to talk to some one about structured settlements. Ive heard that you can get more money by selling your one off payment for tiered payment system which will ensure that you have money for the long run. I found a few articles online but these only seemed to confuse me. Any ideas?

Thanks

[JGH]

I always thought it was the other way around. When you are getting a structured settlement,meaning a set amount every month week or year for a set amount of time this is a structured settlement. What I believe these companies do is pay you a lump sum and then they get the payments. And I believe what they give you in a lump sum is no where near what you would get if you continued to recieve the payments. These are for people who either are desperate for money right now or who cannot handle the payments they recieve. At least thats what I gather.Any other opinions?

[aaron]

The following articles explain structured settlements and issues in selling a structured settlement.

Simply put, JGH is correct.