Have You Been Offered a Lump Sum Payment?
At some point during the course of a workers' compensation claim, you may be offered a lump sum payment. By accepting this payment, you are agreeing to release the workers' compensation insurance company and your employer from all future obligations relating to your claim.
The offer you have received may be fair, or it may vastly undervalue the future workers' compensation benefits you are entitled to. You should speak with a lawyer before you agree to accept a lump sum payment. Without advice from an experienced workers' compensation lawyer, you will never know if you made the right decision.
Murphy Law Firm regularly advises people in matters involving workers' compensation lump sum payments, permanent disability benefits, lump sum death benefits and other matters relating to workplace accidents. We can analyze your case, explain your options and give you guidance concerning your lump sum payment offer.
A lump sum offer is not a take-it or leave-it proposition. We may be able to obtain a substantially better offer. Contact us today for a free initial consultation with an attorney.
Baton Rouge, Louisiana, SSDI Lawyers
You may be able to receive both workers' compensation and Social Security Disability Income (SSDI) benefits at the same time, up to a maximum of 80 percent of your "average current wage" as determined by the Social Security Administration. If you accept a lump sum payment from the workers' compensation system, the Social Security Administration may treat the lump sum payment as a substitute for SSDI benefits. However, there are ways to work around this problem.
Because our firm practices in the areas of workers' compensation and Social Security Disability, we understand the available options. Murphy Law Firm will seek to maximize your total benefits from all sources.
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Contact Murphy Law Firm to discuss your case with a Louisiana workers' compensation attorney.
