[Fredslist] Attorneys:Financial Aid and Personal Injury Case

[Lawrence Sprung]

Dear Tribe,


I have a contact whose wife is in the process of receiving (they believe this is the case) around $500k plus from a personal injury suit. Their kids are in 10th, 8th and 7th grades and they are concerned that this money may cause them to lose college aid, as they have nothing saved for college (they are not clients of mine).



Is there any way that they could potentially receive the funds from the lawsuit in a way that would preclude it from being used in the financial aid or expected family contribution calculation?


Your assistance is greatly appreciated.


Regards,

Lawrence D. Sprung, CFP®
President
Mitlin Financial, Inc.
(631) 952-4466<tel:(631)%20952-4466>
www.mitlinfinancial.com<http://www.mitlinfinancial.com/>

Please visit my blog atwww.lawrencesprung.com<http://www.lawrencesprung.com/>

Investments | Financial Planning | Insurance| Estate Planning | Asset Management

Please be advised that communications regarding trades in your account are for informational purposes only.  You should continue to rely on confirmations and statements received from the custodian(s) of your assets.  The text of this communication is confidential, and use by any person who is not the intended recipient is prohibited.  Any person who receives this communication in error is requested to immediately destroy the text of this communication without copying or further dissemination.  Your cooperation is appreciated.

For your protection, please do not send confidential information such as social security numbers and account numbers via email.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://www.gothamnetworking.com/pipermail/fredslist/attachments/20170927/aedfef58/attachment.html>