FCE

[freebird]

jayne Wrote:Sweet tooths MSA is set up to where if she dies it goes to her family...it can be done it just takes a bit more work by your lawyer and as they dont get % of it they dont always wanna do it....but it can be done

After furthur studying, Its"possible" if your state has a applicable state law that provides for other arrangements, such as a beneficiary designation. I will check my state to see if this provision is possible. Learn something new again!

It would be a "hard sell" to the opposing WC IC who wants the unused money back. Thats why they buy a Annuity in hopes of recovering there loses. I could see where this would stall any claim.

In all honesty, The IW should not have a MSA funded if he is not using it. There is a 2 year seed money that gets the MSA started and every year a certain amount is added according to the settlement amount. The settlement amount is based on your future medical and prescription drug needs only.
Most will have a short fall of funds and go to Medicare before death due to inflation etc.

http://www.cms.hhs.gov/workerscompagency...taside.asp