Message from @pkp1001

Discord ID: 503046310933430303


2018-10-20 03:23:22 UTC  

They use the money and whatever they earn, I get 98% of it.

2018-10-20 03:23:31 UTC  

It is in a Trust Fund.

2018-10-20 03:23:35 UTC  

umm that is considered an asset

2018-10-20 03:23:43 UTC  

But it isn't mine till my dad dies.

2018-10-20 03:23:48 UTC  

Aka a asset.

2018-10-20 03:23:55 UTC  

Well it isn't a asset right now.

2018-10-20 03:23:59 UTC  

Just when he dies it will be.

2018-10-20 03:24:29 UTC  

but if its there for you why not figure out what you want that money to do for you and have dad use it for that?

2018-10-20 03:24:44 UTC  

do you own your own home?

2018-10-20 03:24:56 UTC  

No home... I own a car.

2018-10-20 03:25:05 UTC  

That is about it.

2018-10-20 03:25:15 UTC  

I inherit the home, the cars, the money...

2018-10-20 03:25:16 UTC  

because a home and the property it is on is not a countable asset towards the 2k

2018-10-20 03:25:18 UTC  

Same thing from my mother.

2018-10-20 03:25:24 UTC  

Both my father and money want the stuff to go to me.

2018-10-20 03:25:48 UTC  

do you have kids? and are you married

2018-10-20 03:25:50 UTC  

Out of all my brothers and sisters... I get the stuff.

2018-10-20 03:25:56 UTC  

No kids and not married.

2018-10-20 03:26:02 UTC  

I am the only one there for them.

2018-10-20 03:26:04 UTC  

Basically.

2018-10-20 03:26:26 UTC  

well if you get married that 2k bumps up to 3k

2018-10-20 03:26:47 UTC  

only 1 vehicle in your name is allowed

2018-10-20 03:27:08 UTC  

I think they want the best for me, because I am disabled.

2018-10-20 03:27:15 UTC  

And I am a very kind son who is always there for htem.

2018-10-20 03:27:17 UTC  

Even in old age.

2018-10-20 03:27:39 UTC  

yes but if not done right it could mess your ssi up

2018-10-20 03:27:48 UTC  

At the same time they probably worry for you after they are gone.

2018-10-20 03:27:49 UTC  

Yeah.... that is what I am worried about.

2018-10-20 03:27:53 UTC  

but if done right would not change anything as far as ssi goes

2018-10-20 03:28:25 UTC  

invest it in land connected to the home they are leaving you would be the easiest

2018-10-20 03:28:50 UTC  

I guess I would be considered medium income once I inherit that stuff.

2018-10-20 03:29:05 UTC  

even if you turn it into rental property you can keep the income under the 2k

2018-10-20 03:29:09 UTC  

My trust fund would pay my bills and leave me around 1,200 of disposable income.

2018-10-20 03:29:27 UTC  

wtf i wanna inherent some thick sacks

2018-10-20 03:29:34 UTC  

tfw will probably inherent debt

2018-10-20 03:29:36 UTC  

👏

2018-10-20 03:29:40 UTC  

lmao same

2018-10-20 03:29:40 UTC  

but they would count the money befor the bills are paid and include that in the total

2018-10-20 03:29:44 UTC  

tbf

2018-10-20 03:29:55 UTC  

It is in the Trust Fund, the debt collectors can't touch it.

2018-10-20 03:30:03 UTC  

BEsides all the debt is paid off.