Common Contracts
1 similar Structured Settlement Agreement contracts
ContractStructured Settlement Agreement • May 5th, 2020
designed to meet the victim’s ongoing expenses for medical care, living, and family support. Structured settlements are voluntary agreements reached be- tween the parties that are negotiated by counsel and tailored to meet the specific medical and living needs of the victim and his or her family, often with the aid of economic experts. This process may be overseen by the court, particularly in minor’s cases. Often, the structured settlement payment stream is for the rest of the victim’s life to ensure that future medical ex- penses and the family’s basic living needs will be met and that the victim will not outlive his or her compensa- tion.
