Join us every Tuesday evening at 8:30 pm on PCTV's Channel 28 and every Thursday evening at 9:30 pm on Channel 98 for this month's edition of Legal Talk.

CURRENT PCTV EPISODE:

Pottstown Cluster of Religious Communities - its Service and Growth (May 2017)

UPCOMING TOPICS:

_____________ (June 2017)


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Assistance with Personal Injury Settlements

OWM Assistance with Personal Injury Settlements

Special Needs Law attorneys at OWM Law can assist you when a financial settlement is anticipated as a result of a personal injury. A financial settlement does not affect an individual’s receipt of Social Security Disability Income (SSDI) or Medicare. However, such settlements will potentially terminate an individual’s Supplemental Security Income (SSI) and Medicaid if the settlement funds are not transferred to a special needs trust.

The termination of SSI or Medicaid could result in a substantial economic impact for the disabled person. Although the receipt of a personal injury settlement could provide the individual with what appears to be a significant amount of money, the funds may not be enough to last for the lifespan of the individual. With the loss of Medicaid, the monthly costs may increase because more money is being spent on prescriptions, health aides, therapy, etc. The establishment of a special needs trust will allow the individual to maintain their needs-based public benefits as well as have the trust funds available to pay for the expenses that the government benefits do not cover.


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