Legal Question in Real Estate Law in California
Purchasing a home while on SSI
I'm 47yrs. old and I'm on Perm. SSI, I also have a trust fund that I get $500/mth. My question is can I get money from my trust B4 I'm 55 to purchase a home or will that get me in trouble with SSI?
Asked on 4/12/08, 1:10 am
1 Answer from Attorneys
Judith Deming
Deming & Associates
Re: Purchasing a home while on SSI
If you have not informed SSI that you are the beneficiary of a trust and are receiving money at this time, you are violating the law. You are not entitled to receive money from a trust and continue to receive SSI--that would be considered fraud.
Answered on 4/14/08, 1:32 pm