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: A judge often must approve the agreement to ensure it is in the recipient's best interest.

: The defendant pays a premium to an insurance company, which then issues an annuity to fund the future payments.

: Both parties agree to a payment plan during settlement talks.

Structured: Settlemen

: A judge often must approve the agreement to ensure it is in the recipient's best interest.

: The defendant pays a premium to an insurance company, which then issues an annuity to fund the future payments.

: Both parties agree to a payment plan during settlement talks.

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