Monday, September 14, 2009

Structured Settlements, Security, Legislation, Clean break

SUMMARY


1. Structured Settlement

Security : Yes
Legislation : Exists
Clean break : Yes

2. Compulsory Structured
Settlement, RPI+2%

Security : Yes
Legislation : Court rules ?
Clean break : Yes

3. Income award without
review

Security : Yes, but framework required
Legislation : Small Step
Clean break : Yes

4. Income award with
review

Security : Yes, but framework required
Legislation : Required
Clean break : No

5. Indemnity award (with
review)

Security : Yes, but framework required
Legislation : Required
Clean break : No

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