General Information on Structured Settlements.

General Information on Structured Settlements.: "'A widely cited pre-1975 study by the American life insurance industry indicated that: within 2 months of settlement (award, lotteries, sweepstakes, insurance, inheritances, etc.), 25% of the recipients had nothing left. By the end of the first year, 50% had nothing left. By the end of the first 2 years 70% had nothing left, and within 5 years of settlement 90% had nothing left.' **"