Legal Question in Social Security Law in North Carolina
reporting inheritance if giving money to children
I am receiving ssi and ssd and am getting an inheritance of 24,000 dollars which I want to give to my 2 sons. Do I have to declare this to Social Security since I am not keeping the money?
Asked on 4/05/07, 11:48 am
1 Answer from Attorneys
David Daggett
Daggett Shuler, Attorneys At Law
Re: reporting inheritance if giving money to children
Since I don't know your entire picture, I would suggest contacting your asigned case worker for guidance. Generally, you do have to report any assets and have to spend them down in a qualified manner. Best wishes,
david
www.lewisdaggett.com
Answered on 4/05/07, 7:54 pm