Suffering a personal injury can be a life-altering event, bringing not only physical and emotional pain but also significant financial strain. While a personal injury award can provide much-needed compensation, it can also create an unexpected dilemma for individuals relying on essential public benefits in New York, such as Medicaid, Supplemental Security Income (SSI), or Supplemental Nutrition Assistance Program (SNAP). A lump sum settlement, if not managed carefully, can lead to the abrupt termination of critical aid, leaving recipients in a worse financial position than before.
At Figeroux and Associates, located at 26 Court Street, Suite 701, Brooklyn, New York, 11242, with website www.askthelawyer.us, and phone number 855-768-8845, we understand the intricate interplay between personal injury law and public benefits. This article provides a step-by-step guide on how to structure personal injury awards to prevent interference with public benefits in New York, highlighting the challenges, effective strategies, and the paramount importance of experienced legal counsel.
How a Personal Injury Award Can Affect Public Benefits…