Does receiving a lump sum settlement for the death of a loved one effect your disability benefits?
1 attorney answer
under federal law disability can be SSD which means that a person has earned their disability benefits by working a predetermined number of quarters as is required by law before they become eligible for SSD. The law deems they are having paid premiums which were adopted from their paycheck over each of those years to be their contribution and payment for such benefits. Accordingly, SSD is not asset dependent, and one can inherit money in almost all circumstances without it affecting SSD. SS I is a completely different situation, and is generally linked to the recipients impoverishment. Usually SS I benefits will be discontinued if someone obtains an asset through gift, personal injury settlement, inheritance, etc. Usually neither SS D. nor SS I place a lien on acquired assets, what Medicaid benefits typically do have a lien in many cases.