The situation
A falling lighting rig caused Daniel a traumatic brain injury with serious communication, memory, mobility, and processing impairments. His parents became full time caregivers, and the plan needed to support extensive care without disrupting Medicaid and SSI eligibility.
Planning priorities
- 01Loss of future earning potential
- 02Preservation of needs based benefits
- 03Home and vehicle modifications
- 04Extensive therapy and nursing needs
Settlement allocation
Special Needs Trust
Immediate and ongoing needs while preserving benefit eligibility
Structured settlement payable to the trust
Steady long term trust funding
Market based structured settlement payable to the trust
Growth potential and another trust funding source
The outcome
The trust supported Daniel’s quality of life and preserved Medicaid and SSI eligibility. Complementary structured payments created durable funding while allowing his parents to focus more attention on his recovery and care.
This case study is educational and does not constitute legal, tax, benefits, or investment advice. Individual results and appropriate strategies vary.
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