Structured Settlements Florida

rt system there are two terms that are used when you decided to sell a structured settlement that you've received from lottery winnings. One is called the Vertical Carve-Out and the other is called the Horizontal Carve-out.

The vertical one refers to the act of selling your entire lottery settlement. The horizontal one refers to selling only a portion of your settlement. Why 'carve-out' as the term of choice? Who can say what runs through the minds of the individuals who come up with these terms? Suffice it to say, that if you're going to sell all of your lottery settlement then you're carving up your money vertically; if you're only going to part with some of it, then you're doing a horizontal carve. Strange but true.