[WSBARP] Personal Injury Award and Social Security Income

[Jim Doran]

So a personal injury award CAN affect social security disability income.
Yes, a special needs trust could be set up for the recipient to avoid that
problem.

But how do I know if the award will violate the social security income
source?

Jim Doran

James R. Doran
Attorney at Law
100 E. Pine Street -  Suite 205
Bellingham, WA 98225
(360)393-9506
jim at doranlegal.com
www.doranlegal.com

On Wed, Aug 9, 2017 at 2:02 PM, NC <seaseanc at gmail.com> wrote:

> Sometimes a trust is set up to handle these awards and not affect
> eligibility.
>
> On Wed, Aug 9, 2017 at 1:48 PM, Jim Doran <jim at doranlegal.com> wrote:
>
>> Thanks for the reply.
>>
>> Jim Doran
>>
>> James R. Doran
>> Attorney at Law
>> 100 E. Pine Street -  Suite 205
>> Bellingham, WA 98225
>> (360)393-9506 <(360)%20393-9506>
>> jim at doranlegal.com
>> www.doranlegal.com
>>
>> On Wed, Aug 9, 2017 at 1:37 PM, Roger Hawkes <Roger at law-hawks.com> wrote:
>>
>>> Jim: SSI is based on poverty, so any incoming resources could affect
>>> that; if it actually is ssdi, that is based on inability to work and would
>>> not be affected by resources.  PI awards are not considered taxable income
>>> if there was a physical injury to the person; some pi awards do not include
>>> physical injuries to the awardee.
>>>
>>>
>>>
>>> Roger Hawkes, WSBA 5173
>>>
>>> 19909 Ballinger Way NE
>>>
>>> Shoreline, WA 98155
>>>
>>> www.hawkeslawfirm.com
>>>
>>> 206 367 5000 <(206)%20367-5000> voice
>>>
>>> 206 367 4005 <(206)%20367-4005>  fax
>>>
>>>
>>>
>>> *From:* Jim Doran [mailto:jim at doranlegal.com]
>>> *Sent:* Tuesday, August 8, 2017 10:43 AM
>>> *To:* WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
>>> *Subject:* [WSBARP] Personal Injury Award and Social Security Income
>>>
>>>
>>>
>>> Good day:
>>>
>>> An insurance award for personal injury is not "income" for IRS
>>> purposes.  The question is whether the personal injury award can have any
>>> negative impact with the SSA for the recipient of that award who is
>>> receiving SSI?
>>>
>>> My expectation is that the personal injury compensation is not "income"
>>> for any purposes.
>>>
>>> Any clarity from any one?  I do not want to spend 2 hours on the phone
>>> trying to get an answer out of some one at the SSA office.
>>>
>>> Thank you.
>>>
>>> Jim Doran
>>>
>>>
>>>
>>> James R. Doran
>>>
>>> Attorney at Law
>>>
>>> 100 E. Pine Street -  Suite 205
>>>
>>> Bellingham, WA 98225
>>> (360)393-9506 <(360)%20393-9506>
>>>
>>> jim at doranlegal.com
>>>
>>> www.doranlegal.com
>>>
>>> _______________________________________________
>>> WSBARP mailing list
>>> WSBARP at lists.wsbarppt.com
>>> http://mailman.fsr.com/mailman/listinfo/wsbarp
>>>
>>
>>
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>
>
>
> --
> Nicholas L. Clapham
> (206)939-0262 <(206)%20939-0262>
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