The advantage of this is that you can leverage your settlement in multiple ways, preserving future monthly payments while getting some short - term cash. (toptenreviews.com)
If the beneficiary opts for a lump sum at the time of claim, the same will be paid as the discounted value of future monthly payments. (coverfox.com)
Making these documents handy will help you develop a budget that will help you determine what you can afford as a down payment and toward future monthly payments for your mortgage, including property taxes and homeowners insurance. (starloanservices.com)