This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Structured Settlement in Maryland

In Maryland, a structured settlement transfer requires court approval under the Maryland Structured Settlement Protection Act. The governing authority is Md. Code Cts. & Jud. Proc. § 5-1101 to § 5-1112, which sets out the legal framework for transferring future payment rights. The law mandates that a court review the proposed transfer to ensure it is in the payee's best interest, considering factors specified in the statute. The official source at the link above provides the complete statutory text, including all applicable factors and exceptions. The worked example below illustrates how the calculation applies in a typical case. Use the DocketMath calculator to estimate your own specific result under this Maryland rule.

Governing authority

In Maryland, the structured settlement rule is set by Md. Code Cts. & Jud. Proc. § 5-1101 to § 5-1112. The verified packet cites Md. Code Cts. & Jud. Proc. § 5-1101 to § 5-1112 (https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcj&section=5-1101).

Maryland structured settlement: governed by Md. Code Cts. & Jud. Proc. § 5-1101 to § 5-1112. The verified packet cites Md. Code Cts. & Jud. Proc. § 5-1101 to § 5-1112 (https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcj&section=5-1101).

Estimate your own result: every situation has exceptions that can change the outcome. Use the structured settlement calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.