Protecting SSI and Medicaid Benefits After an Inheritance or Other Windfall | Special Needs Planning

Описание: Safeguard SSI and Medicaid upon settlement or inheritance. Learn strategies to preserve benefits and ensure financial security for individuals with disabilities.

Receiving an unexpected inheritance can jeopardize vital public benefits like SSI and Medicaid for individuals with disabilities. In this webinar, Michele Fuller — a nationally recognized expert in settlement and special needs planning — explains how to protect benefits after receiving a windfall, including strategies like ABLE accounts, special needs trusts, and proper spend-down techniques.

Whether you're a parent, caregiver, or professional advocate, this session provides essential insights to secure your loved one's financial future without sacrificing critical public benefits.

Learn more about Advocacy, Inc.'s mission to empower individuals with disabilities at https://www.advocacysnt.org.

📌 Need expert help? Visit https://www.advocacysnt.org for resources, consultations, and upcoming webinars.

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✅ Chapters:
0:00 Intro
1:11 Overview
2:26 Benefits Chart
6:08 SSI & Medicaid Eligibility
8:55 Types of SSI Income
11:18 Impact on SSI & Medicaid
13:37 Who has Legal Authority?
16:10 When is a Guardian Needed?
18:45 Guardian vs. Conservatorship Chart
21:27 Guardianship Impact on Financial Management
22:58 What is Power of Attorney
25:36 Guardianship vs. POA Snapshot
27:13 I Love ABLE Accounts!
33:20 One of My Favorite Tools: Special Needs Trusts
39:14 Spend-Down: Strategic Use of Funds
42:03 Spending Down Rent and PMV Reduction
42:51 Scenario: Minor Receiving Inheritance
46:35 Scenario: 18-Year Old Adult Receiving Inheritance w/o Guardian
48:32 Scenario: What About a 40-Year Old Adult?
50:26 Scenario: Adult Receiving Inheritance w/ Guardian
55:19 Scenario: Mom Wants to Name Child as Beneficiary of Life Insurance
56:44 What’s the biggest mistake families make after receiving an inheritance?