Legal Question in Social Security Law in California

Life Insurance Settlement

My sister is on SSI for her disability of blindness. She is in Section 8 housing and on a limited income having state benefits for her two youngest children. Her oldest son died in a motorcycle accident in July leaving her with 80,000.00 in Life/ADD insurance. Is there any way she can put this in trust accounts for her other three children to secure their future and not have to relocate or worry about loosing her benefits? I am very concerned, as she is distraught and doesn't know what to do.


Asked on 9/10/03, 12:56 am

2 Answers from Attorneys
H.M. Torrey The Law Offices of H.M. Torrey

Re: Life Insurance Settlement

we may be able to help your sister based on the facts you have submitted so far. please email me directly with you or her contact information for a free case evaluation/consultation over the phone as soon as possible.

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Answered on 9/10/03, 3:55 am
Yaphett Powell Vubiquity, Inc.

Re: Life Insurance Settlement

I just noticed this message today (Oct. 20). In addition to being an independent attorney, I work in a private client wealth management firm in Beverly Hills.

We can help you with options for investing this money for the benefit and future of the children, either through trust or other account.

Please call me if you haven't solved this issue yet. My office number in Beverly Hills is 310-281-4642. Thank you.

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Answered on 10/20/03, 6:15 pm


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