More details to this question:
Can I take my name off a joint bank C.D. with my son ($25000) and maintain only $2000 in resources to be eligible for S.S.I ?
1 ANSWER
Glen Edward Ashman
You can do the transfer and not get SSI, but the transfer must be reported and will result in you not getting SSI. If you do the transfer and don't report it, it is a felony and you can expect to go to prison. Your son might go with you.
Answered on Sep 13th, 2011 at 8:14 AM