Protect Your Future with a Structured Settlement Plan
Our Settlement Planners are well-versed in government benefit analysis and preservation, an integral part of the post-settlement planning process. Prior to determining what to do with your settlement proceeds, it is vital to consider and review any past, current, and potential future eligibility for government benefits and entitlement programs. Only after we have analyzed all of your available options do we move forward with recommending a suitable settlement plan to safeguard valuable benefits.
Entitlement Benefits vs. Needs-Based Benefits
Entitlement benefits are those for which American taxpayers pay into their paychecks. This includes Social Security Disability Income (SSDI), Social Security, and Medicare. The acceptance of a settlement will not affect eligibility for these types of benefits.
On the other hand, needs-based benefits may have income and/or asset tests. Income and asset limits can vary from state to state, so it is important to work with a professional when determining eligibility risks.
Prior to determining how to handle settlement proceeds, claimants must consider past, present, and future eligibility for needs-based benefits. Across thousands of cases, The Settlement Alliance has developed settlement plans to preserve government benefit eligibility.
Examples of Benefits That Could Potentially be Affected by a Settlement
- Supplemental Security Income (SSI)
- Supplemental Nutrition Assistance Program (SNAP)
- Temporary Assistance for Needy Families (TANF)
- Subsidized Housing (HUD/Section 8)
- Children’s Health Insurance Program (CHIP)
Our Settlement Planners Are At Your Service
If you have questions regarding eligibility for current and future government benefits, The Settlement Alliance is here to help. We have extensive experience with government benefit preservation planning, so you can rest assured you are in the best possible hands to make such an important decision. To learn more about the rules and requirements for programs in your state, request a free consultation today.