Holding Property in Trust

Submitted by Anonymous (not verified) on

Hello,
Can property be held in trust for someone on SSI without it affecting their SSI monthly income? For example, my mom passed away in 2106 and left her house to 4 siblings. Two of the siblings are co-executors and the value of the house is out right theirs. The other two siblings the house is being held in trust on which these same two siblings both happen to be on SSI. Can the two on SSI, hold property in trust in their names without it affecting their SSI monthly income?

Bryan
Tue, 08/29/2017 - 09:09 Permalink

Hi there,
Yes it can! You may want to contact the SSA regarding this as they can specify which types of trusts you might want to look into.

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