Accident claim

BearLake
Mon, 07 Sep 2015 10:54:47 +0000

Greetings and new to the forum.

My wife was hit from behind in 2009 which resulted in surgery this past Spring. It was 5.5 years of soft tissue work only to learn there was no alternative to surgery, with additional surgeries looming. As a result she has received a partial claim andwilll be receiving a future claim; a direct result of the accident.

We are setting the claim aside for the future.

My question is how do we shelter this from CSS/FASFA ? This claim is to be used specifically for the health of my wife. How do Iwe keep these monies in tact and not increase our asset picture, therefore not qualifying for pre claim payment benefits to the college? Is there an IRS designation/form that when identified by CSS/FASFA, would exclude asset/income picture?