The Settlement Alliance

August

Blog Posts in August, 2016

What is the Difference Between Entitlement and Needs-Based Benefits? Aug 17, 2016

Many government benefit programs that provide monthly income or payments for medical services and/or medical equipment have strict eligibility limits. These types of benefits fall into one of two categories: entitlement benefits or needs-based ...

Questions to Answer Before Choosing a Special Needs Trust Aug 12, 2016

An individual who receives money from a personal injury settlement has a number of important considerations when it comes to how the funds will be distributed. Those receiving needs-based government benefits (e.g. Medicaid, SSI, food stamps, etc.) ...

How Does a Structured Settlement Work? Aug 8, 2016

A structured settlement is one of the safest, most reliable investments on the market. For claimants involved in personal injury, wrongful death, and workers’ compensation cases, a structured settlement is a valuable tool for financial stability, and ...

The 3 Types of Special Needs Trusts You Should Understand Aug 3, 2016

A disabled individual who receives a settlement award may face certain consequences if the settlement award is accepted as a lump sum. First Party Special Needs Trusts A first party special needs trust (sometimes referred to as a “(d)(4)(a) trust”) ...

Will a Spend Down Save Your Client's Benefits? Aug 1, 2016

People who rely on public benefits to meet their medical needs can run into trouble if they receive a settlement. When determining eligibility for basic Medicaid and/or Supplemental Security Income (SSI), assets are typically limited to $2,000 for ...

We are proud to partner with the highest rated structured settlement providers in the industry:

  • American general Life Companies
  • Berkshire Hathaway Structured Settlements
  • Liberty Life Assurance Company of Boston
  • MetLife
  • Mutual of Omaha
  • New York Life
  • Pacific Life
  • Prudential