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Lump-Sum Settlement

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The payment of an entire debt all at once rather than in installments; the payment of a set amount of money to satisfy a pecuniary obligation that might otherwise continue indefinitely.

Lump-sum alimony, for example, is the payment of a large sum of money upon the dissolution of a marriage in order to circumvent the obligation to pay a certain amount, fixed or fluctuating, on a regular basis, for an indefinite period of time. This type of Property Settlement is also known as alimony in gross.



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Will lump-sum settlements for 30%, 40%, 50% still be possible now that this tough new law has been passed?
Negotiate a lump-sum settlement at 50% or less if you have the resources, or a workout plan for monthly payments that you can live with.
The inclusion of prescription drugs in the set-asides makes the medical portion by far the most costly part of the lump-sum settlement, said James E.
 
 
 
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