QUESTION
Can an inheritance effect my social security benefits? How?
Asked on Sep 14th, 2015 on Estate Planning - Oregon
More details to this question:
I want to know if an inheritance of the house I live in (which was my mom's) will affect my social security disability?
6 ANSWERS
Corporate/Business Attorney serving Beachwood, OH
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Christine Sabio Socrates Attorney at Law
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It may, depending on what type of assistance you are on. A special needs trust can be set up to allow you to inherit and also avoid the disqualification from your benefits. I
Answered on Sep 16th, 2015 at 1:32 PM
I doubt it very much as it is not income from gainful employment, but ask them directly.
Answered on Sep 15th, 2015 at 5:53 PM
Commercial & Bankruptcy Law Attorney serving Powell, OH
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Ronald K. Nims
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No, SSDI doesn't have an assets test. If a billionaire like Hillary Clinton was disabled and couldn't work she would qualify for SSDI (of course, she's way too old).
Answered on Sep 15th, 2015 at 10:37 AM
Edwin K. Niles
Generally, Social Sec payments a result of your earnings during your best working years. Extremely wealthy people draw SS when they reach the magic age.
Answered on Sep 14th, 2015 at 5:39 PM
Commercial Attorney serving Chicago, IL
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Ashcraft & Ashcraft, Ltd.
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Social Security Disability benefits depend upon a mental or physical disability and are not income or asset dependent. Supplemental Security Income is dependent on income and assets and the benefits could be lost if income or substantive assets are received by the claimant.
Answered on Sep 14th, 2015 at 4:02 PM
Probate Attorney serving Newport, OR
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Minor, Bandonis & Haggerty P.C.
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This is potentially a very complex question, and you should consult with a lawyer who does "elder law." IF what you receive is SSDI, then the inheritance of the house will not affect your SSDI. However, you may also be receiving other benefits which might be affected.
Answered on Sep 14th, 2015 at 3:50 PM