Purchase Of Structured Settlement Payments Denied

It is not in petitioner’ s best interest to approve the sale of her structured settlement payments, which have a present value of $140,738, for $10,000. “The settlement in that case in 2000 included a transfer of $400,000 to AIG Life Insurance Company for the purchase of an annuity that would make lifetime payments to the child. “The Order approving settlement, dated…