Open AccessStructured Settlements
Author(s) -
Nina L. Foster
Publication year - 1982
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr1798
Subject(s) - settlement (finance) , damages , compensation (psychology) , human settlement , law and economics , economics , business , law , political science , history , finance , archaeology , psychology , social psychology , payment
The author explores the growth and development of the structured settlement in Canada as a means of assessing damages for injuries and fatalities. The procedure for entering into and implementing a structured settlement is presented with illustrative examples. The author analyzes both the advantages, such as savings in taxes and in surance, and the disadvantages of a structured settlement in arguing that it represents a valuable alternative among compensation techniques.