Structured Settlements What is a structured settlement? Basically a structured settlement is a financial or insurance arrangement defined by the IRS as period payments.Structured settlements are most notably used in personal injury cases but also can be used in divorce settlements, lottery payouts, workers compensation claims and to structure attorney fees. Structured settlements can be considered in any transaction wherein the parties would benefit by receiving an income stream instead of up front cash. Periodic payments for personal injury settlements and workers compensationclaims are excludable from taxation.We are experienced at structured settlement financial planning and are able to work with your attorney to determine the best payout strategy for you. LPL’s strategic agreement with Millennium Settlements, one of the nation’s largest structured settlement companies, gives us the unique ability to provide this highly specialized service to our clients.Millennium Settlements markets structured settlements via Financial Advisors under it’s Avitas Division and the various uses of structures can be viewed on the website www.avitas.structures.com.