@jeniffer stephanie,
And you have so eloquently endorsed them.
The only virtue of a structured settlement is to prevent the claimant from blowing his windfall on ridiculous purchases within the first year of receipt.
They don't make economic sense; except for the insurance company.
The biggest shitheels in this arena are the companies that "buy" the annuity for cash "right now."
The spendthrift gets pennies on the dollar and the ability to blow his check on something incredibly stupid.
No big deal since if he or she is truly disabled as a result of the accident that led to the settlement, they can splurge and then go on the dole.