Personal Injury Damages Could Impact Your Social Security Benefits
If you can’t work and you’re receiving social security benefits, what happens if you’re injured in a car accident and you’re awarded a settlement.
WILL THAT influence your benefits?
In cases where there is a conflict, Tampa Social Security Disability Lawyer, Mike Murburg says there may be alternative strategies for protecting your benefits. He says:
“An irrevocable trust could be an excellent tool for avoiding the negative impact of a lump sum damage award. This trust allows you to establish a scheme of distribution and management of the assets at-issue, but requires a more hands-off approach and ultimately moves the assets beyond your direct control.
Given the control issue, it’s important that you work with a skilled attorney who understands how to navigate the minefield of potential problems and establish a strategic plan for your specific circumstances.
Mike Murburg has spent decades practicing Social Security disability law exclusively. He can help you at every stage of the process. Let him be there for you.