Lump-Sum Settlement

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.

References in periodicals archive ?

* Higher indemnity benefits per claim were mainly due to the longer duration of temporary disability and more frequent permanent partial disability and lump-sum settlement payments.

Impact of SB 863 on California workers' comp system 4 years later [report]

(153) After the Reagan administration renegotiated all of those small claims in a single lump-sum settlement with Iran, no process existed to hear formally from different business groups with conflicting interests in the award.

Presidential settlements

And those who have loans lasting more than five years and especially with any high-interest financing term run an especially high risk of being stuck with potentially thousands of dollars in a lump-sum settlement with the lender whose loan covered the purchase of the vehicle.

New Website Helps Protect Vehicle Owners After Car Sales Spiked in 2012

14, selectmen agreed to offer a lump-sum settlement to take Mr.

Ex-chief gets month's pay deal

If the settlement agreement allocates certain amounts for specific future medical services, Medicare does not pay for those services until medical expenses related to the injury or disease equal the amount of the lump-sum settlement allocated to future medical expenses.

Medicare and future medical expenses: does the "super lien" apply? It's common practice to accommodate Medicare liens in personal injury liability claims. But must litigants also protect Medicare from future medical expenses - i.e., those that might be incurred by the plaintiff after settlement or judgment? While the answer is far from clear, the author offers his opinions

If the insurance companies do agree to pay, they prefer to pay a lump-sum settlement so that they avoid the long-term recurring impact on their financial statements.

Disability insurance planning: don't expect claims process to be easy

The Guardian's antitrust lawsuit eventually failed in court, but a lump-sum settlement financed the paper's move from fortnightly to weekly publication.

'10 That Do It Right' -- No. 10: 'San Francisco Bay Guardian'

Coll also reports that he had urged a lump-sum settlement with Ms.

U.S. editorial excerpts -5-

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.

Set-asides go skyward: Medicare's drug benefit creates sticker shock in WC settlements

For example, the spouse funding the trust may be concerned that the other spouse does not have the level of financial sophistication or knowledge to handle a large lump-sum settlement prudently.

Using trusts in divorce tax planning

But he is holding out for a lump-sum settlement on a deal which stretches to the end of the season.