What to do about an inheritance and SSI?

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What to do about an inheritance and SSI?

My mother died and left 4 acres to 4 family members of which I am 1.They do not want to sell now.Will having 1/4 of this property affect me getting SSI payments. I will not receive any money from it until it is sold.

Asked on September 20, 2012 under Estate Planning, Virginia

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

The mere inheritance of a quarter interest in the parcel that you have inherited will not have any impact upon your ability to receive social security (SSI) benefits as an adult or as a minor. Such benefits are premised upon issues not related to one's net worth. I suggest that you may want to consult with a Wills and trust attorney about the matter you have written about for additional questions that you may have.


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