Patriot Settlement Resources

Complete the form below and a Patriot Settlement Resources Manager will provide you with your free quote for your Structured Settlement Annuity Payment, Lottery Award or Life Settlement.

Toll free: 1-866-506-CASH (2274)

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What is a Structured Settlement ?

Structured Settlements are an innovative method of compensating injury victims. Endorsed by the US Congress since 1982, a structured settlement is a completely voluntary agreement between the injured victim and the defendant. Under a structured settlement, an injured victim doesn't receive compensation for his or her injuries in one lump sum. They will receive a stream of tax-free payments tailored to meet future medical expenses and basic living needs. A structured settlement may be agreed to privately (for example, in a pre-trial settlement) or it may be required by a court order, which often happens in judgments involving minors and incapacitated adults. (Source: National Structured Settlement Trade Association Website, 6/1/2002)

Why do a Structured Settlement ?

A structured settlement’s most important advantage is security. The structured settlement provides long term payments that are guaranteed by a life insurance company.

Another advantage that a structured settlement provides is its tax-free position. All payments made via a structured settlement are nontaxable by federal tax guidelines (IRS Section 104(a)(2). 100% of every payment is tax exempt.

The structured settlement allows the injured party to tailor payments over his or her life. There is no need to meet periodically with an investment or tax advisor. Payments are decided during the initial settlement and then are directed to the injured victim. It gives peace of mind, security, and confidence over the long term.

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