{"id":180,"date":"2016-08-09T23:37:59","date_gmt":"2016-08-09T23:37:59","guid":{"rendered":"https:\/\/finkelsteinstructures.com\/?page_id=180"},"modified":"2016-08-10T16:57:09","modified_gmt":"2016-08-10T16:57:09","slug":"about-structures","status":"publish","type":"page","link":"https:\/\/finkelsteinstructures.com\/?page_id=180","title":{"rendered":"About Structures"},"content":{"rendered":"<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">What is a Structured Settlement?<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">In a Structured Settlement in Canada the defendant or Casualty Insurance Company purchases an annuity from a major Canadian Life Insurance Company and the payments from that annuity are irrevocably directed to the injured party or claimant.<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">The monthly payments are designed to sustain the injured party for a protracted period and the recipient is effectively protected from losing, wasting or even giving away the settlement funds. In many cases we recommend a lifetime plan. These Structured Settlements guarantee that the claimant will never run out or \u201coutlive\u201d the money.<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">The Life Insurance Company and The Defendant Insurance Company both guarantee these payments that are a combination of return of capital and the interest that is generated over the term of the annuity. The claimant receives all of these payments <strong>completely tax-free.<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">The three most important attributes of a structure are: The unchangeable nature of the payments, the guarantees from major Life Insurance Companies and the tax-free status of the payments.<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">\u201c\u2026within 2 months of settlement (awards, lotteries, sweepstakes, insurance, inheritance) 25% of the recipients had nothing left\u2026 and within 5 years of settlement 90% had nothing left.\u201d<\/span><\/p>\n<p><span style=\"font-size: 12pt; font-family: arial, helvetica, sans-serif;\">Study by the American Life Insurance Industry<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a Structured Settlement? In a Structured Settlement in Canada the defendant or Casualty Insurance Company purchases an annuity from a major Canadian Life Insurance Company and the payments from that annuity are irrevocably directed to the injured party or claimant. The monthly payments are designed to sustain the injured party for a protracted &#8230; <a title=\"About Structures\" class=\"read-more\" href=\"https:\/\/finkelsteinstructures.com\/?page_id=180\">Read more<span class=\"screen-reader-text\">About Structures<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-180","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=\/wp\/v2\/pages\/180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=180"}],"version-history":[{"count":3,"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=\/wp\/v2\/pages\/180\/revisions"}],"predecessor-version":[{"id":188,"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=\/wp\/v2\/pages\/180\/revisions\/188"}],"wp:attachment":[{"href":"https:\/\/finkelsteinstructures.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}