I receive SNAP Benefits and was going through brain surgery when my landlord put the application in for me. I have MS and Trigeminal Neuralgia. After finding my friend dead, I moved to the Big Island, and the property disclosure hasn’t happened yet. What do I do now so I’m not in trouble with my benefits?
Hey, I’m so sorry to hear you’re going through all of that! As for the property, you might want to move it into an irrevocable trust. That way, you can sell it without it affecting your SNAP benefits.
Aubrey said:
Hey, I’m so sorry to hear you’re going through all of that! As for the property, you might want to move it into an irrevocable trust. That way, you can sell it without it affecting your SNAP benefits.
What’s an irrevocable trust? Never heard of that before.
@Xavi
It’s a type of trust where you can’t take the property back after putting it in. It helps keep the property out of the count for things like SNAP. You can find an attorney to help set it up.
I’ve been in a similar situation. The key is moving the property before you sell it so it doesn’t affect your benefits. But get a local trust attorney to make sure everything’s set up correctly.
Remington said:
I’ve been in a similar situation. The key is moving the property before you sell it so it doesn’t affect your benefits. But get a local trust attorney to make sure everything’s set up correctly.
Yeah, I’m definitely going to talk to an attorney. Just trying to figure out the right steps. Thanks for the input!
Just FYI, you can sell the property and pay off your credit cards, but make sure it doesn’t mess with your SNAP. The lawyer might have advice on how to handle that after the sale.
Clancy said:
Just FYI, you can sell the property and pay off your credit cards, but make sure it doesn’t mess with your SNAP. The lawyer might have advice on how to handle that after the sale.
Thanks for the heads-up! I wasn’t sure how that would work. I’ll check in with a lawyer before making any moves.
Also, if you sell and pay off your debts, just make sure the money stays in the trust so you don’t risk losing your benefits. It’s all about managing the income.
Sky said:
Also, if you sell and pay off your debts, just make sure the money stays in the trust so you don’t risk losing your benefits. It’s all about managing the income.
Yeah, I’ve heard about keeping things in a trust to stay under the limit. Sounds like the best way to go if you’re worried about losing benefits.
I’m glad to hear you’re feeling more peaceful. It’s tough dealing with health issues and financial stress, but you’ve got a solid plan going. Keep at it!
Kim said:
I’m glad to hear you’re feeling more peaceful. It’s tough dealing with health issues and financial stress, but you’ve got a solid plan going. Keep at it!
Thanks! It’s been hard, but I’m hoping everything works out. Your support means a lot!