Summary
Setting up a Special Needs Trust (SNT) can help maintain SSI and Medicaid eligibility while using the funds for supplemental needs. Consult a competent attorney experienced in SNTs and gather necessary documents. Virginia Legal Aid Society in Lynchburg, VA, may provide free or low-cost legal advice. Contact them at (434) 455-3080 or visit www.Vlas.Org.Full Conversation
My grandma passed away and left me some inheritance money but I get ssi and I need to get it in a trust account or something like that so ssi can't get it
Hello Billie, you might consider setting up a Special Needs Trust (SNT). This is a U.S. legal instrument designed to benefit individuals who have a disability. The SNT can:
- Maintain SSI and Medicaid eligibility.
- Use the funds for supplemental needs not covered by government benefits.
Please consult with a lawyer to discuss your specific situation.
Thanks i was looking it up but I didn't know how to get that started
Hello Billie, here are the initial steps to start a Special Needs Trust:
- Find a competent attorney experienced in SNTs.
- Gather all necessary documents (inheritance details, SSI information).
- Discuss your situation and proceed accordingly.
Remember, this is just a guide. Always consult with your attorney.
I can let my dad know cause he has a lawyer but do you know if a legal aid will be able to help too
Hello Billie, Legal Aid can assist with various legal issues, but the services vary by location. They may be able to provide free or low-cost legal advice about trusts. Could you please tell me where you are located so I can provide more specific information?
Lynchburg va
Hello Billie, in Lynchburg, VA, you can reach out to Virginia Legal Aid Society. They may be able to provide guidance on trusts. Here is their contact information:
Virginia Legal Aid Society
Phone: (*) *-*
Address: * Church St, Lynchburg, VA *
Website: www.vlas.org Ok thanks
Hello Billie, you're welcome! If you have any other questions or need further assistance, feel free to ask. Good luck with setting up the Special Needs Trust!
If I need any more help I will get back have a good day
Hello Billie, it was a pleasure assisting you. Feel free to return if you have more questions. Have a great day!