Fundamental concepts: what is a structured settlement?

Large damages in personal injury cases are increasingly being paid as an annuity, series of annuities or other series of recurrent payments, usually for the life of the injured party.

Sometimes the payments will be made directly by the responsible body, or defendant, for example a health authority, though commonly the defendants general insurer will be liable. The general insurer, for instance a motor insurer, will often buy an annuity from a life insurance company to meet its liabilities under the claim.

ITTOIA05/S731 onwards deals with the tax implications of structured settlements, but does not use or define the term.




Fundamental concepts: what is a structured settlement?
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Structured settlement - Wikipedia, the free encyclopedia
A structured settlement under the tax code's terms is an "arrangement" that meets the following requirements: The structured settlement tax rules enacted by

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The premier form of structured finance is capital market In their basic concept, differences between structured and conventional forms of external finance

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Applying the Structured Settlement Concept to Divorces Structured settlements have been used for decades to resolve tort and workers compensation claims by

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What Is A Structured Settlement? Structured settlements are medical expenses and basic living needs. A structured settlement may concept through the

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At the core of the federal tax code's explicit recognition of structured settlements is the concept of Structured Settlements and Structured Settlement:

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