Things that make you go hmmm...
An average size structured settlement for an 8 year old was designed to pay only two lump sums, a larger lump sum at age 18 and another smaller "neither rhyme nor reason" lump sum, 35 years later, at age 53. True story, I heard it from the annuitant's mother today.
If you are the structured settlement broker or settlement planner who slapped a structured settlement together with this plan design in 2007, please step forward and take your lumps. Other than smoke and mirrors to make the numbers look better than they were at the time, how was this ever in the plaintiff's best interest, your client's best interest or the interest of the structured settlement industry?
Such a plan design encourages a young adult to sell their structured settlement for the figurative equivalent of a half eaten french fry composting on a landfill for 9 years, on the dollar. Such a structured settlement plan design has no place in the structured settlement industry.