[WSBARP] Personal Injury Award and Social Security Income

[Jim Doran]

Mary:

thank you.  this is not an area that I practice in so this has been very
helpful.

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 Thu, Aug 10, 2017 at 12:00 PM, MK Henderson <law.mkh at gmail.com> wrote:

> Jim, SSI is supplemental security income based on a persons income and
> assets. So if a PI award is over $2,000 then you possibly need to create a
> special needs trust. I don't believe a PI award is considered income as to
> Social Security Disability(SSDI). There are now ABLE accounts for SSI
> recipients that you may want to look into.
>
> On Wednesday, August 9, 2017, Jim Doran <jim at doranlegal.com> wrote:
>
>> 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 <(360)%20393-9506>
>> 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
>>>>>
>>>>
>>>>
>>>> _______________________________________________
>>>> WSBARP mailing list
>>>> WSBARP at lists.wsbarppt.com
>>>> http://mailman.fsr.com/mailman/listinfo/wsbarp
>>>>
>>>
>>>
>>>
>>> --
>>> Nicholas L. Clapham
>>> (206)939-0262 <(206)%20939-0262>
>>>
>>> NOTICE- This email message may contain confidential and privileged
>>> information. It is intended only for the named recipent(s) and may
>>> contain
>>> attorney work product and/or information exempt from disclosure under
>>> applicable law. Any unauthorized use is prohibited.  If you are not the
>>> intended recipient, please contact the sender by reply email and destroy
>>> all copies of the original message. This does not constitute an
>>> electronic
>>> signature.
>>>
>>> Pursuant to U.S. Treasury Department Circular 230 and other IRS
>>> regulations, unless we expressly state otherwise, any tax advice
>>> contained
>>> in this communication (including any attachments) was not intended or
>>> written to be used, and cannot be used, for the purpose of (i) avoiding
>>> tax-related penalties or (ii) promoting, marketing or recommending to
>>> another party any transaction or matter(s) addressed herein.
>>>
>>>
>>>
>>> _______________________________________________
>>> WSBARP mailing list
>>> WSBARP at lists.wsbarppt.com
>>> http://mailman.fsr.com/mailman/listinfo/wsbarp
>>>
>>
>>
>
> --
> Mary K. Henderson
> Henderson Law Office PLLC
> 1123 Maple Ave SW, Suite 225
> Renton, WA 98057
> 206-650-2472 <(206)%20650-2472>
>
>
> _______________________________________________
> WSBARP mailing list
> WSBARP at lists.wsbarppt.com
> http://mailman.fsr.com/mailman/listinfo/wsbarp
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20170810/a688a997/attachment.html>