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 Texas

In Texas, the Structured Settlement Protection Act (Tex. Civ. Prac. & Rem. Code §§ 141.001-141.007) governs the transfer of structured settlement payment rights. The statute requires court approval before any transfer of future payments to a third party. To obtain approval, the court must find that the transfer is fair, reasonable, and in the best interest of the payee, considering factors set out in the statute. The law also provides specific disclosure and notice requirements to protect the payee. The verified figure of 2001 years does not apply to structured settlements under this act. For a precise estimate of your potential transfer value, use the DocketMath calculator, which applies the statutory framework to your unique payment schedule.

Governing authority

In Texas, the structured settlement rule is set by Tex. Civ. Prac. & Rem. Code §§ 141.001-141.007 (Structured Settlement Protection Act). The verified packet cites Tex. Civ. Prac. & Rem. Code §§ 141.001-141.007 (Structured Settlement Protection Act) (https://statutes.capitol.texas.gov/Docs/CP/htm/CP.141.htm).

Texas structured settlement: the verified value is 2001 years under Tex. Civ. Prac. & Rem. Code §§ 141.001-141.007 (Structured Settlement Protection Act). The verified packet cites Tex. Civ. Prac. & Rem. Code §§ 141.001-141.007 (Structured Settlement Protection Act) (https://statutes.capitol.texas.gov/Docs/CP/htm/CP.141.htm).

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.