Legal Question in Social Security Law in California
how much time between inheriting assets and losing Medical disability benefits?
I will inherit money after my father passes which will put me over the income limit for SSDI. Because I have leukemia, I take expensive medications, over $7,000/month. How can I ensure my ability to get these medications if I can't pay out of pocket?
1 Answer from Attorneys
Re: how much time between inheriting assets and losing Medical disability benefits?
You may not have to worry about income if it is SSDI that you are receiving. There is another program called Supplemental Security Income (SSI) which is different than SSDI (Social Security Disability Income). SSI is based on two factors: 1) you must be found disabled, which you have been and 2) there must be a financial need. This means all of your resources will be considered and if you have over $2200 in the bank, they will discontinue your SSI until the funds are gone. This takes careful financial planning. If you have debts that need to be paid and if you expend the funds so that you have less than $2200 in resources you should be fine if it is SSI. If it is really SSDI as you stated, you should also be fine.
Samuel L. Salazar
Attorney at Law
Disability Law
Practice Limited to Social Security and Workers' Compensation Law