Can a Structured Settlement be Changed After it Has Been Implemented?
Once a plaintiff has agreed to a structured settlement and has executed the settlement documents the structure has become a permanent part of the settlement. It is important to understand that due to the fixed nature of structured settlements The James Street Group does not encourage individuals to place all of their settlement proceeds into a “structure.” A certain portion should be taken in the form of up front cash to satisfy potential emergencies or other diversified investments.