lump sum
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- The other is that if you use a structured settlement annuity that provides periodic payments, the claimant is entitled to significant tax relief that receiving a lump sum payout does not.
- Still - deciding where to invest a lump sum amount - from a property sale, inheritance or lottery win, for example - can be agonising, particularly if you need the money to work really hard.
- The owner of the life insurance policy will sell it for a percentage of the death benefit a lump sum to a third party and, in exchange, receives an often substantial lump sum payment.
- If you are an actor in a trial and received compensation, you may have agreed on a structure rather than a large lump sum settlement.
- Instead of paying a huge lump sum amount of cash, structured settlements are generally paid out over a spanned period of time.
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