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structral settlement and s.s.d.
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10-30-2009, 05:25 PM
Post: #8
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RE: structral settlement and s.s.d.
You are Very Correct Freebird, if the Correct Language is not Incorporated in a Lump Sum Settlement, it could Cost You Dearly!! When they also Mention in a Lump Sum that You are Receiving Less because it's"Real Time Money",They are taking into Account Inflation Over Time, and They Use a Formula or Percentage, due to the Fact that Money Today is Worth More than Money will be in the Future. That's why I always try and Suggest that if it's Lump Sum Settlement being Offered, it's Best to get Someone Involved that is Well Versed on the Subject. An Attorney's Fees may be Much Less than can be Lost by not knowing or Understanding the Settlement, and the Wordings that need to be Used. I have seen it Happen, I actually know of a Case where a Person Settled with the Wrong Language, and ended up Owing Social Security More than Their Settlement!! Best of Luck, I Hope All Goes Well!!
Failed Back Surgery, Chronic Pain, Totally Disabled. Knowledge is Power, Especially in the World of w/c. Learn as Much as You can about Your States w/c Laws, and don't Fight Battles alone, They Use Attorney's, and so Should You!! |
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