


                                       UNITED STATES
                             SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C. 20549
                               ______________________________
                                          FORM 8-K

                                       CURRENT REPORT
           Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934


             Date of Report (Date of earliest event reported): December 1, 2004



                                 Structured Products Corp.

            (Exact name of registrant as specified in its charter)


             Delaware                    001-32113                   13-3692801
            (State or other             (Commission                 (IRS Employer
             jurisdiction of             File Number)                Identification
             incorporation or                                        Number)
             organization)

            388 Greenwich Street, New York, New York                  10013
           (Address of principal executive offices)                 (Zip Code)
            Registrant's telephone number including area code (212) 816-7496.

      Check the appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following provisions:
      [ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR
      230.425)
      [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR
      240.14a-12)
      [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
      (17CFR 240.14d-2(b))
      [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
      (17CFR 240.13e-4(c))


Section 8 -  Other Events

Item 8.01 Other Events.

      This  current  report on Form 8-K  relates  to a  distribution  made to holders of the
      Certificates issued by the CorTS Trust for BellSouth Debentures.

      The issuer of the underlying  securities,  or guarantor thereof, or successor thereto,
      as applicable,  is subject to the information reporting requirements of the Securities
      Exchange Act of 1934,  as amended (the  "Exchange  Act").  Periodic  reports and other
      information  required to be filed  pursuant to the Exchange  Act, by the issuer of the
      underlying securities, or guarantor thereof, or successor thereto, as applicable,  may
      be  inspected  and  copied  at  the  public  reference  facilities  maintained  by the
      Securities  and Exchange  Commission  (the  "Commission")  at 450 Fifth Street,  N.W.,
      Washington,  D.C. 20549. The Commission also maintains a site on the World Wide Web at
      "http://www.sec.gov"  at which users can view and  download  copies of reports,  proxy
      and information  statements and other  information  filed  electronically  through the
      Electronic  Data  Gathering,   Analysis  and  Retrieval  system.   Neither  Structured
      Products Corp. nor the trustee has  participated  in the preparation of such reporting
      documents,  or made any due diligence  investigation  with respect to the  information
      provided therein.  Neither Structured  Products Corp. nor the trustee has verified the
      accuracy or completeness of such documents or reports.  There can be no assurance that
      events affecting the issuer of the underlying  securities,  or guarantor  thereof,  or
      successor thereto,  as applicable,  or the underlying  securities have not occurred or
      have not yet been publicly  disclosed  which would affect the accuracy or completeness
      of the publicly available documents described above.


Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

            (c)   Exhibits:

                  1.  Trustee's Report with respect to the December 1, 2004
                      Distribution Date for the CorTS Trust for BellSouth Debentures




                                         SIGNATURES




            Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.





                                        By:  /s/ Mark C. Graham
                                        Name:    Mark C. Graham
                                        Title:   Authorized Signatory


















December 1, 2004



EXHIBIT INDEX


Exhibit                                                                    Page

   1     Trustee's Report with respect to the December 1, 2004              5
         Distribution Date for the CorTS Trust for BellSouth
         Debentures

Exhibit 1

To the Holders of:
CorTS Trust for BellSouth Debentures
Corporate-Backed Trust Securities (CorTS) Certificates
*CUSIP: 22080E205

U.S. Bank Trust National Association, as Trustee for the CorTS Trust for BellSouth
Debentures, hereby gives notice with respect to the Distribution Date of December 1, 2004
(the "Distribution Date") as follows:

1. The amount of the distribution payable to the Certificateholders on the
Distribution Date allocable to principal and premium, if any, and interest,
expressed as a dollar amount per $25 Certificate, is as set forth below:

Principal Interest Total Distribution
$ 0.000000 $ 0.875000 $ 0.875000

2. The amount of aggregate interest due and not paid as of the Distribution
Date is $0.000000.

3. No fees have been paid to the Trustee or any other party from the
proceeds of the Term Assets.

4. $50,000,000 aggregate principal amount of BellSouth Telecommunications,
Inc. One Hundred Year 7% Debentures due December 1, 2095 (the "Term
Assets") are held for the above trust.

5. At the close of business on the Distribution Date, 2,000,000 Certificates
representing $50,000,000 aggregate Certificate Principal Balance were
outstanding.

6. The current rating of the Term Assets is not provided in this report.
Ratings can be obtained from Standard & Poor's Ratings Services, a division
of The McGraw-Hill Companies, Inc., by calling 212-438-2400 and from
Moody's Investors Service, Inc. by calling 212-553-0377.

U.S. Bank Trust National
Association, as Trustee

*The Trustee shall not be held responsible for the selection or use of the CUSIP number nor
is any representation made as to its correctness. It is included solely for the
convenience of the Holders.

STRUCTURED PRODUCTS CORP CORTS TR FOR BELLSOUTH DEBENTURES 8-K