Your SSI Questions Answered by a Social Security Lawyer
Posted by admin on Oct 29, 2008
Q: Will my children get benefits if I get SSI?
A: When you consult a social security lawyer or apply for Social Security on your own, it is important to keep in mind that there are big differences between Social Security Disability Insurance benefits and Supplemental Security Income (SSI). One major difference is that, while children may sometimes be eligible for benefits under Social security disability Insurance (talk to a social security lawyer for details), under SSI they will not. Because SSI is considered to be a need based program, dependant benefits are not offered.
If you are approved for Social Security Disability Insurance benefits, on the other hand, it is possible to obtain benefits for minor children in some cases. Whether or not your children will receive benefits depends on your earnings records. Everybody who is approved for Social Security Disability Insurance benefits is not necessarily approved for dependent benefits. Those with a short work history may not qualify. For more information, speak with a social security lawyer.
Q: If I have money in my bank account, can I be approved for SSI benefits?
A: If you speak to a social security lawyer, he or she will explain to you the consequences of SSI being a need based program. Those that qualify for SSI must earn little money and have few assets. And while every state has a slightly different resource limit for qualifying for SSI, there are a few general guidelines that a social security lawyer will give you when looking over your application.
In general, the following are considered “resources” that count towards your income:
• Cash
• Money in the Bank
• Stocks and Bonds
• Land, Homes, etc.
• Life Insurance Policies
• Automobiles
• Personal Property
Though it is possible to be approved for SSI if you own a vehicle and one home, owning too many assets or “resources” can reduce your chances. In general you must have less than $2000 in the bank for an individual, or $3000 for a couple, to qualify for SSI. But since rules and limits change from state to state, it is best to speak with a social security lawyer.
Q: Will they take away my benefits if I sell my house and make money off of it?
A: Like with most social security questions, the correct answer to this varies from person to person, and it is a good idea to consult a social security lawyer. If you sell your home and make a profit, the amount of profit will determine your continued SSI benefits. If the profit from your home takes you over the “allowable value” of your resources at the beginning of the month, you will not be eligible for benefits for that month. If, however, you maintain those “over value” resources in a bank account into the next months, your eligibility for SSI benefits may come into question. If you are planning to sell a home, it is a good idea to consult a social security lawyer to understand how that sale may affect your benefits.
Disability attorney Blog
Posted by admin on Oct 26, 2008
People don’t really know about social security benefits. It seems like it is hard to find straight information on this topic. Also, seems like all the politicians love to stay away from this topic. They seem to be scared of taking on the issue and having an honest discussion
I guess, long ago, the government decided that they needed a program to take care of our citizens. So the social security administration was built and funded. It idea is fairly nobel. Take care of those people in our society that need help. If they don’t have money, for whatever reason, our country will provide social security
So they created this new thing and funded it and made a way to keep track of everything. Of course, everything is great at the beginning of any program. It’s only when the program has become old, the funding didn’t work out as you hoped, that things get difficult. We all know that social security is in a world of pain at this point. Nobody is sure how this story will end.
Notes: Social security attorney orlando, Florida social security lawyers
The first post
Posted by admin on Oct 15, 2008
Just a little note on my very first blog page. I will try hard to post each and every day here on my blog. My topic if focused on social security disability insurance Please comment and come back when I have more. I really appreciate that you stopped in my blog.