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Can a plaintiff decide to get involved in a Structured Settlement after the settlement funds/awards are allocated to them?

April 26, 2017allocated awards decide funds involved plaintiff structured

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Can a plaintiff decide to get involved in a Structured Settlement after the settlement funds/awards are allocated to them?

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A. The simple answer to this question is NO. A Structured Settlement can only be retained at the time of the settlement. Once the claimant receives any portion of the proceeds, any chance of entering into this annuity plan is void.