Have you been offered a settlement in your court case and are unsure if you should accept it or not? Do you know all the facts about settlements? Do you know the answer to, What is a structured settlement? Here is the answer to that question and some advice on what to do if your case is being settled.

First, a structured settlement is a legal payment rendered to you in payments. Instead of getting one large sum of money you would receive a portion of the settlement each year in an annual payment or sometimes in a monthly payment. For example, if you settled for $500,000, then it might get spread across 20 years which would give you $25,000 each year. This can be beneficial or it can be very hard on someone.

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