Structured settlements are typically associated with personal injury, wrongful death, and workers’ compensation settlements. The federal tax code permits income tax exclusion for structured settlements used […]
Claimants on needs-based government benefits could jeopardize their benefits eligibility by accepting a lump sum. This brochure provides a general overview of entitlement and needs-based benefits, along with some basic ways to protect eligibility. Armed with this information, your clients will be better prepared to make informed decisions about their settlements.