How a lake jackson veterans disability Disability Settlement Can Affect a Divorce Case
Jim’s client, a 58-year-old man is permanently disabled because of his military service. He receives a monthly pension benefit from the Department of Veterans Affairs.
He would like to know how an award from a jury will affect his VA benefits. It won’t. But it will have some impact on his other sources of income.
Can I Receive Compensation for an accident?
If you’ve been in the military, and are permanently disabled as a result of injuries or illnesses, you could be eligible for a veteran disability settlement. This settlement can allow you to receive compensation for your medical bills, lost wages and other expenses that result from your injury or illness. The type of settlement you’ll receive depends on whether your condition is service-connected or non-service connected, the VA benefits you qualify for, as well as the amount your accident or injury will cost to treat.
For instance, Jim is a 58-year old veteran who was diagnosed with permanent disabilities based on two years of service during the Vietnam War. He isn’t in a position to have enough work space to be eligible for Social Security Disability benefits, however, he does have an VA Pension that offers free medical care and cash based on his financial need. He would like to find out if a personal injury settlement would affect his eligibility to receive this benefit.
The answer is dependent on whether the settlement is in the form of an unintentional lump sum or a structured settlement. Structured settlements involve the payment of over time rather than one single payment. The amount paid by defendant is calculated to offset the existing VA benefits. A lump sum payment will affect any existing VA benefits since the VA will annualize and consider it to be income. In either case, if excess assets remain after the twelve month period when the settlement has been annualized Jim could reapply for the Pension benefit, but only if his assets fall less than a minimum threshold that the VA accepts as establishing financial need.
Do I need to employ an attorney?
Many spouses, military personnel and former spouses have questions about VA disability payments and their impact on financial issues during a divorce. Some people believe, among other things, that the Department of south beloit veterans disability lawsuit Affairs compensation payments can be divided like military retirements in divorce cases or that they’re «off limits» when it comes to calculating child support and Alimony. These misconceptions can lead to financial mistakes which can have serious consequences.
While it is possible to make an initial claim for disability benefits on your own, most disabled atlantic highlands veterans disability lawyer benefit from the help of a qualified lawyer. A disability attorney for mason veterans disability attorney can look over your medical records and gather the evidence required to present a convincing argument before the VA. The lawyer can also help to file any appeals that you require to secure the benefits you’re entitled.
Most VA disability lawyers don’t charge for consultations. In addition, the lawyer will generally be paid by the government directly from your retroactive past-due benefits. This is an advantage of the Equal Access to Justice Act. Your fee agreement should clearly define the amount of retroactive benefits to be paid to your lawyer. A fee agreement may stipulate, sugar land veterans disability attorney for example, that the government would provide the attorney with 20% of retroactive benefits. Any additional amounts will be your responsibility.
Can I Garnish My VA Benefits?
The VA offers monthly payments to disabled veterans. The purpose of the payments is to alleviate the effects of injuries, diseases or disabilities that were suffered or worsened during the veteran’s time of service. The benefits for sparta veterans disability lawsuit‘ disability are subject to garnishment, just like any other income.
Garnishment can be a legal proceeding that allows a court to make an order to an employer or government agency to deduct funds from the paycheck of a person who owes money, and then send them directly to an individual creditor. In the case of divorce, garnishment may be used to pay for spousal support or child support.
There are a few situations where disability benefits can be garnished. Most often, it is the case of a veteran who has renounced his military retirement in order to receive disability compensation. In these cases, the amount of pension allocated to disability payments could be garnished to meet family support obligations.
In other instances, a veteran’s benefit may be seized in order to pay medical bills or federal student loans that are past due. In these instances, a court can go directly to the VA to obtain the information they need. It is crucial for disabled veterans to work with a reputable attorney to ensure that their disability benefits aren’t garnished. This can stop them from having to rely on payday lenders and private loans.
Can I Represent Myself in a Divorce Case?
VA disability settlements can be a big help for veterans and their families, however they don’t come without their own set of issues. For example in the event that a veteran gets divorced and is awarded a VA disability settlement, they must be aware of what this means for the benefits they receive.
In this case the most important question is whether or not disability payments are considered to be assets that can be split in divorce. The question has been answered in two ways. One is through a Colorado court of appeals decision which concluded that VA disability payments are not property and cannot be divided in this way. The U.S. Supreme Court ruled in Howell that garnishing a veteran’s VA disability payments to pay Alimony was against the USFSPA.
Another issue that is related to this subject is the treatment of disability benefits to children for maintenance and support. The USFSPA and the Supreme Court both forbid states from counting disability payments as income to be used for this purpose. Some states have an alternative approach. Colorado, for example, adds all sources of income together to determine the amount needed to support a spouse. The state then adds disability benefits to reflect their tax-free status.
Additionally, it is essential for Sugar Land veterans disability attorney to understand how their disability compensation will be affected when they get divorced and how their spouses’ ex-spouses could affect their compensation. By being informed about these issues, vets can protect their compensation as well as avoid unintended consequences.