For many claimants, a loss of public benefit coverage can be devastating, even with a large settlement payout. The costs of recovering from an accident and living with a disability can quickly deplete a settlement. Failure to consider the effect of a settlement or verdict on the injured client’s benefits could harm the client and lead to liability for the personal injury attorney.
In the course of settlement planning, we work with the personal injury lawyers, financial consultants, and the client to provide comprehensive planning, including:
- Determining which benefits the claimant is receiving or eligible for
- Advice on whether a trust is needed and what type of trust is most appropriate
- Advice on the Medicare set-aside and Medicaid lien negotiation
- When necessary, obtaining probate or trial court approval over the terms of the settlement, including preparation of pleadings and court appearances
- Conference with the client and their loved ones to explain the mechanics of their planning
Resolving settlement issues should not be done without a trusted industry expert in your corner. We are committed to being an effective and efficient resource for the injured and their attorneys. To schedule a consultation, contact our office.
