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#1
Feb 17, 2014, 09:10 PM
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Hi, I struggle with schizoaffective and reside in IL. My parents are setting up a will and want to leave me a trust fund if there is anything left of their estate.
I know you have to be careful that Social Security won't consider that money to be income, thus taking SSDI away, and Medicaid also. Plus, I've heard of cases where a trust fund was made but when the beneficiary dies, everything the State has paid on his/her behalf for medical expenses is owed by the remaining family. Does anybody have any insight on trust funds?
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schizoaffective bipolar type Lithium, Trazodone, Klonopin, Abilify, Zoloft |
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#2
Feb 19, 2014, 05:02 AM
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I'm not sure on inheritence, but I was set to make $100k on a house sale and my ssdi wouldn't be effected. A friend on just ssd was kicked off after an inheritance. I think we paid into system and it doesn't count money earned after ssdi. Your best bet is to get an attorney's advice.
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