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Save Your Settlement
Home
For Plaintiffs
For Attorneys & Advisors
Establishing a Trust
Tax Planning
Benefits
More
  • Home
  • For Plaintiffs
  • For Attorneys & Advisors
  • Establishing a Trust
  • Tax Planning
  • Benefits
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  • For Plaintiffs
  • For Attorneys & Advisors
  • Establishing a Trust
  • Tax Planning
  • Benefits

PLAN NOW TO Protect Your Benefits

If you are a plaintiff in the Camp Lejeune lawsuit and currently receiving any government benefits, including Medicaid, Medicare, SSI, or Veterans Benefits, it is very important that you speak with a settlement planner before receiving a settlement. Proper planning before a settlement can help you keep your benefits and protect your future.


Supplemental Security Income and Medicaid play a key role in providing life sustaining benefits to many people in this country, particularly the disabled. There are very strict asset and income guidelines to maintain eligibility for these programs. Many injured plaintiffs would lose these important benefits without advance planning. 

This is a three-fold problem: 

  1. The disabled person loses the important services and financial assistance provided by these programs upon receiving too much money (either through a structure or lump sum payment). This is extremely disruptive as trusted caregivers may be lost who are only available through these programs. 
  2. Once the person is again eligible for SSI/Medicaid, they will need to re-apply for these benefits, which can be a difficult and time consuming task dealing with the Social Security Administration and Department of Public Welfare/Human Services. 
  3. If the disabled person unfortunately spends down his settlement to pay for the services that would have been covered by government benefits and then re-applies for benefits, he is no better off financially after having gone through the difficult journey of a personal injury lawsuit, which can take several years to settle.

Our goal is to reduce or eliminate your exposure to this “triple threat.”

How We Can Help

Establishing a Trust

Establishing a Trust

Establishing a Trust

When a person settles a personal injury lawsuit, it’s usually the largest sum of money they will ever get at one time. Because the courts want to protect an injured person from squandering their funds or from the designs of manipulating third parties, some type of protective trust is usually involved. 




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Protecting Your Home

Establishing a Trust

Establishing a Trust

One of the most common requests we receive from clients and their families when they are accepting a monetary settlement is, “Can we buy a home?” While in the majority of cases, the answer is “Yes”, the means by which a home can be purchased or built can vary greatly - with equally great variations in how the home can be titled, used, and ultimately passed on to family members. 

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Tax Planning

Establishing a Trust

Tax Planning

 Anytime there is a significant windfall of money, there are tax issues to follow. Unfortunately, as plaintiffs approach a settlement, there is usually very little discussion about tax planning beyond whether or not the actual receipt of settlement funds is taxable. This initial analysis is only the first level of tax analysis to properly plan for the injured person’s well being in the future. 


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No Fee Unless Your Case Settles

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Julian Gray Associates

Main Office:

954 Greentree Road

Pittsburgh, PA 15220


866-740-3986

  


866-740-3986

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