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By: Edwin Payne

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Friday, 2-May-2014 22:43 Email | Share | Bookmark
Selling Structured Settlements: Advice From The Experts - Newark

Structured settlements which allow defendants to purchase annuities to pay a judgment in installments over time have become increasingly more common, even in smaller-scale cases under $50,000. This requires that plaintiffs and their lawyers have an understanding of structured settlement agreements as well as the sale of such agreements, in order to protect an individuals interests in the proceeds of their judgment award. Considering that a lump sum payout can create tax liability for the payee, one of the most significant benefits of a structured settlement agreement is that the payments are tax free on both the federal and state level. Additionally, attorney's fees can often be reduced, and a steady income over an extended period of time may be a better option to individuals concerned with having to make decisions about money management and investing. <br>visit http://www.examiner.com/article/selling-structured-settlements-advice-from-the-experts

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