SSI And How To Save For Children Who Receive Govt Benefits
I may be looking at this the wrong way, but how in the world do you save money for children and grandchildren who receive govt benefits without it effecting them? I am not interested in the govt taking my hard earned money that I saved for my autistic children or grandchildren.
We are in the same boat with Sapphire. She is adult now in her early 30's. A trust is a good idea!!
Have you looked into an AbleNow account or a special needs trust?
@Autie4Lyfe83-this must be a case by case situation because here in Illinois, a lot of the families are saying that anything you are given that has value will affect your benefits from the govt. no matter what it is?
A special needs trust allows one to set money aside without the government touching it. It's a wonderful thing :)
How does a Trust keep the govt from taking the adult female with autism's money? I don.t recall where having a trust for your autistic adult child is going to prevent state or govt people from taking the funds back based on the person's social security number.
Stuggling With Weather Or Not I Should Apply For SSI Benefits For Daughter On ASD.
SSI Applied For 8 Year Old. Not Denied Yet, But My Daughter Was Asked To Take Her Son To Three Different Evaluations. Is It Worth It?
Need To Plan For The Future. What Do I Need To Be Looking At If Both My Kids Have To End Up With The State?