if i take a strutral settlement will it effect s.s.d. i edited this from before cause my spelling ain't worth a flip.
I live in the state of KY. I am getting ready to go thru the same thing. I read the link that was posted and have a question. Would it be better than to take a lump sum than to take a structral settlement? And also does Social Sec Disabilty back pay to the day of your last working day? Thank you so much. All of this is new to me and I don't know what to do on this one. Thanks.
Yes, the above links will help. Here in Montana, if I accepted a settlement and wanted a lump sum...they would take a percentage of that. If you have an attorney involved, he will take a percentage as well. Kind of sucks.
bagpussinamerica Wrote:Yes, the above links will help. Here in Montana, if I accepted a settlement and wanted a lump sum...they would take a percentage of that. If you have an attorney involved, he will take a percentage as well. Kind of sucks.
You are right about a Attorney but unless the IW understands the WC Laws and statutes of his state and also the rules the SSA has concerning a lump sum settlement, I believe this is not a choice.
It is very possible to receive a lump sum settlement from WC and the SSA will not receive a percentage of your lump sum.
Your Attorney needs to use "spread language" also called Hartmann's language and Utica Mohawk language.
Click on my link above about Hartmann's Language. Here it is again
http://sbwc.georgia.gov/vgn/images/porta...amples.pdf
[u]If anyone is on SSDI and receives a lump sum settlement from WC, the spread language must be used in the settlement or one could lose bigtime financially[/u]
No harm intended with the quotation marks and underling of sentences. I feel this is very important for the IW to grasp.
freebird Wrote:bagpussinamerica Wrote:Yes, the above links will help. Here in Montana, if I accepted a settlement and wanted a lump sum...they would take a percentage of that. If you have an attorney involved, he will take a percentage as well. Kind of sucks.
You are right about a Attorney but unless the IW understands the WC Laws and statutes of his state and also the rules the SSA has concerning a lump sum settlement, I believe this is not a choice.
It is very possible to receive a lump sum settlement from WC and the SSA will not receive a percentage of your lump sum.
Your Attorney needs to use "spread language" also called Hartmann's language and Utica Mohawk language.
Click on my link above about Hartmann's Language. Here it is again
http://sbwc.georgia.gov/vgn/images/porta...amples.pdf
[u]If anyone is on SSDI and receives a lump sum settlement from WC, the spread language must be used in the settlement or one could lose bigtime financially[/u]
No harm intended with the quotation marks and underling of sentences. I feel this is very important for the IW to grasp.
Thank you from the bottom of my heart for helping me. I have two very small children and have been going thru this for three years. I am only 32 and have basically lost my legs and am being put in a wheel chair. My attorney talked to workers comp for a while and he told me to go ahead and start filing for soc sec. I told him that I heard about a special wording for filing and he told me alot of information in which I did not understand. I went to the website and it said page unavailable. Can you tell me the wording so I can tell him before I file for the benefits and talk to him about it. I want the best for my children because this disease spreads. I am trying to have our future taking care of. And thank you again from the bottom of my heart for helping me. Susan
the link wouldn't open for me either, said it was unavailable
