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Structured settlements are an agreement on settlement payments between a plaintiff and a defendant where the plaintiff agrees to the dismissal of the case in exchange for a financial settlement to be paid by the defendant. Typically, it is the defendant, who wishes to end the litigation of the case, who makes the initial offer of a structured annuity to the plaintiff.

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What Are Structured Settlements and Structured Annuities?

Tags: case, defendant, dismissal, initial, plaintiff, the-defendant, the-plaintiff