Hartford Structured Settlements
The Hartford is a financial services company that pays claimants according to the terms of structured settlements. Structured settlement annuities provide future payments on behalf of defendants or their insurers in personal injury, wrongful death, and workers’ compensation cases. Claimants and their lawyers may agree to payments over time to help claimants manage their money or support their needs over a long period of time.
Are Structured Annuity Payments Taxable?
No, structured settlement payments that are based on physical injury, wrongful death, and worker’s compensation are not normally taxable. The tax status of a particular annuity may be found in the annuity contract or confirmed by faxing The Hartford.
Can You Sell Your Hartford Structured Settlement?
Yes, you can sell rights to your Hartford structured settlement annuity payments. Technically you sell payment rights because the process assigns a new payee rather than handing over an asset like a painting.
The Hartford Contact Information
fax: (866) 913-1089