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.

Vermont Structured Settlements: Payment Rules and Transfers

In Vermont, a structured settlement obligor must wait 10 days after a transfer application is filed before making any payment to the transferee. This cooling-off period is established under 9 V.S.A. § 2480aa to § 2480ee, which governs the transfer of structured settlement payment rights in the state. The statute sets out the required waiting period to ensure the payee has adequate time to reconsider the agreement. Additional rules regarding disclosures, court approval, and permissible terms are detailed in the same statutory chapter. The exact calculation of this 10-day period, along with any applicable exceptions, is provided in the official source. Use the calculator below to estimate how this rule applies to your specific transfer timeline.

Governing authority

In Vermont, the structured settlement rule is set by 9 V.S.A. § 2480aa to § 2480ee. The verified packet cites 9 V.S.A. § 2480aa to § 2480ee (https://legislature.vermont.gov/statutes/chapter/09/063A).

Vermont structured settlement: the verified value is 10 days under 9 V.S.A. § 2480aa to § 2480ee. The verified packet cites 9 V.S.A. § 2480aa to § 2480ee (https://legislature.vermont.gov/statutes/chapter/09/063A).

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.