Order (To Lift Restrictions-Wrongful Death Structured Settlement)

ORDER (TO LIFT RESTRICTIONS - STRUCTURED SETTLEMENT). This form is used in the Surrogate's Court to issue an order allowing the lifting of restrictions on the Letters of Administration for a structured settlement. The order permits the collection and allocation of settlement funds from a wrongful death cause of action. Key points include directing the payment to an assignment company or life insurance company for a structured settlement annuity, specifying attorney fees and disbursements, outlining the conditions for the settlement agreement, and mandating court approval for the final terms and payments. The order also addresses the creation of an escrow account, approval of attorney fees and expenses, and procedures for further court filings and distribution of proceeds. www.FormsWorkflow.com