What is it that the people look in the structured settlement. What possibly can be a benefit that they also buy. When you win the lawsuit, it is understandable that you will make money but why buy? What’s the point? When you buy even that is taxable, your money will be taxable, but if you win there are no taxes to be paid. So why buy?
A simple answer is that the settlement keeps the money saved from being spent all at once.There are many people who will agree that if they had a million dollar they would have spent that in one year left with nothing. Even they keep that in banks, they might spend the money. Most the people are scared and they buy payment plans so that the money is saved, the money is saved at a pace and given back to them after every month or year or whatever the plan they choose. This is the very good reason that one shall buy the structured settlement. So, have it your way then, make it all possible. For that you need help, the legal advisors, the lawyers and personal attorneys etc.
So, if you wish that you had tax free payments, then try and win a lawsuit. Some of them even result in millions of dollars. But those are mostly severe cases lifetime structured settlement such as the mesothelioma lawsuits.
This is the better way to make sure you will earn what you needed. Remember that the structured settlement offers what you need not what you wanted. It is all possible that you get things started with. Search the web, read the articles and ask the people and visit forums and blogs to get more information. They will tell you what you should have done to make it a great deal.