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): June 1, ~~2005~~2006

Structured Products Corp.

(Exact name of registrant as specified in its charter)

Delaware	001-32087	13-3692801
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification Number)
388 Greenwich Street, New York, New York 10013
388 Greenwich Street, New York, New York		10013
(Address of principal executive offices) (Zip Code)
(Address of principal executive offices)		10013
Registrant's telephone number including area code (212) 816-7496.
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:

o Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

o 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.

~~Item~~This current report on Form 8~~.01~~-K ~~Other~~relates ~~Events~~to a distribution made to holders of the Certificates issued by the CorTS Trust for Allstate Financing II.

~~This~~The ~~current~~issuer ~~report~~of onthe ~~Form~~underlying ~~8-K~~securities, ~~relates~~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 ~~distribution~~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 ~~holders~~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 ~~Certificates~~issuer ~~issued~~of bythe underlying securities, or guarantor thereof, or successor thereto, as applicable, or the ~~CorTS~~underlying ~~Trust~~securities ~~for~~have ~~Allstate~~not ~~Financing~~occurred IIor have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above.

~~The~~Section ~~issuer~~9 of- ~~the~~Financial ~~underlying~~Statements ~~securities,~~and orExhibits ~~guarantor~~Item ~~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")~~9. ~~Periodic~~01 ~~reports~~Financial ~~and~~Statements ~~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~~Exhibits. ~~at the public reference facilities maintained by the Securities and Exchange Commission~~ (~~the "Commission"~~c) ~~at 450 Fifth Street, N.W., Washington, D.C. 20549. The Commission also maintains a site on the World Wide Web at "http~~Exhibits:~~//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~~1. ~~Neither Structured~~ ~~Products~~Trustee’s ~~Corp.~~Report ~~nor the trustee has participated in the preparation of such reporting documents, or made any due diligence investigation~~ with respect to the ~~information~~June 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 securities1, or2006 ~~guarantor~~Distribution ~~thereof,~~Date orfor ~~successor thereto, as applicable, or~~ the ~~underlying~~CorTS ~~securities~~Trust ~~have~~for ~~not~~Allstate ~~occurred~~Financing ~~or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above.~~II

~~Section 9- Financial Statements and Exhibits~~2

~~Item 9.01 Financial Statements and Exhibits.~~SIGNATURES

~~(c)~~Pursuant ~~Exhibits:~~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.

1.By: ~~Trustee’~~/s/ ~~Report~~Mark ~~with~~C. ~~respect~~Graham toName: ~~the~~Mark ~~June~~C. 1,Graham ~~2005~~Title: ~~Distribution~~Authorized ~~Date for the CorTS Trust for Allstate Financing II~~Signatory

2June 1, 2006

~~SIGNATURES~~3

~~Pursuant~~EXHIBIT ~~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.~~ INDEX

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

Exhibit		Page
1	Trustee’s Report with respect to the June 1, 2006 Distribution Date for the CorTS Trust for Allstate Financing II	5

~~June 1, 2005~~4

3Exhibit 1

~~EXHIBIT~~To ~~INDEX~~the Holders of: CorTS Trust for Allstate Financing II 8% Corporate-Backed Trust Securities (CorTS) Certificates *CUSIP: 22080T103

Exhibit		Page
1	Trustee’s Report with respect to the June 1, 2005 Distribution Date for the CorTS Trust for Allstate Financing II	5

U.S. Bank Trust National Association, as Trustee for the CorTS Trust for Allstate Financing II, hereby gives notice with respect to the Distribution Date of June 1, 2006 (the “Distribution Date”) as follows:

41. 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:

Exhibit 1

Principal		Interest		Total Distribution
$	0.000000	$	1.000000	$	1.000000

To the Holders of:
CorTS Trust for Allstate Financing II
8% Corporate-Backed Trust Securities (CorTS) Certificates
*CUSIP:	22080T103

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

U3.S. ~~Bank~~No ~~Trust~~fees ~~National~~have ~~Association,~~been aspaid ~~Trustee~~to ~~for~~ the ~~CorTS~~Trustee ~~Trust~~or ~~for~~any ~~Allstate~~other ~~Financing~~party ~~II,~~from ~~hereby gives notice with respect to~~ the ~~Distribution~~proceeds ~~Date~~ of ~~June 1, 2005 (~~the ~~“Distribution~~Term ~~Date”) as follows:~~Assets.

14. ~~The~~$25,600,000 aggregate principal amount of ~~the~~Allstate ~~distribution~~Financing ~~payable~~II to7.83% ~~the~~Capital ~~Certificateholders~~Securities ondue ~~the~~December ~~Distribution Date allocable to principal and premium~~1, if2045 ~~any,~~(the ~~and~~“Term ~~interest,~~Assets”) ~~expressed~~are asheld afor ~~dollar~~the ~~amount~~above ~~per $25 Certificate, is as set forth below:~~trust.

Principal		Interest		Total Distribution
$	0.000000	$	1.000000	$	1.000000

5.	At the close of business on the Distribution Date, 1,002,240 Certificates representing $25,056,000 aggregate Certificate Principal Balance were outstanding.

26. The ~~amount~~current rating of ~~aggregate~~the ~~interest~~Term ~~due~~Assets ~~and~~is not ~~paid~~provided asin this report. Ratings can be obtained from Standard & Poor’s Ratings Services, a division of ~~the~~The ~~Distribution~~McGraw-Hill ~~Date~~Companies, isInc., $0by calling 212-438-2400 and from Moody’s Investors Service, Inc.~~000000~~ by calling 212-553-0377.

3U.S. NoBank ~~fees~~Trust ~~have~~National ~~been~~Association, ~~paid~~as ~~to the~~ Trustee ~~or any other party from the proceeds of the Term Assets.~~

4.*The ~~$25,600,000~~Trustee ~~aggregate~~shall ~~principal~~not ~~amount~~be held responsible for the selection or use of ~~Allstate~~the ~~Financing~~CUSIP IInumber ~~7.83%~~nor ~~Capital~~is ~~Securities~~any ~~due~~representation ~~December~~made 1,as ~~2045~~to ~~(the~~its ~~“Term~~correctness. It ~~Assets”)~~is ~~are~~included ~~held~~solely for the ~~above~~convenience ~~trust~~of the Holders.

5~~. At the close of business on the Distribution Date, 1,002,240 Certificates representing $25,056,000 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.

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