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re: Would you refuse a $300k inheritance to keep your welfare benefits?
Posted on 9/19/25 at 5:42 pm to TigersHuskers
Posted on 9/19/25 at 5:42 pm to TigersHuskers
Basic present value (PV) calc can solve that one. Presume his smart phone has a financial calculator that he uses all the time.
This post was edited on 9/19/25 at 5:47 pm
0
Posted on 9/19/25 at 5:59 pm to TigersHuskers
I think it’s fiction, but it’s possible. You can make $80k+ and still qualify for some Medicaid service. Every year people show up at the capitol and discuss the importance of their $10k/mo prescriptions and $150k/yr. waiver services.
Depending on what you qualify for, it may be more of a hassle to take the inheritance and lose your eligibility for a few years, than to just waive it direct it to the next eligible family member.
Depending on what you qualify for, it may be more of a hassle to take the inheritance and lose your eligibility for a few years, than to just waive it direct it to the next eligible family member.
Posted on 9/19/25 at 6:17 pm to TigersHuskers
There’s a way to keep both
Posted on 9/19/25 at 6:25 pm to TigersHuskers
Benefits is gonna be way better when you look at the cost of everything he is getting
Posted on 9/19/25 at 6:30 pm to Fat and Happy
Why not get a job that provides benefits and invest the 300k?
Posted on 9/19/25 at 6:55 pm to TigersHuskers
quote:
Why not get a job that provides benefits and invest the 300k?
Welfare people don't think that way or want jobs.(many of them)
Posted on 9/19/25 at 6:59 pm to TigersHuskers
We need to completely gut welfare. So many lazy sob.
Posted on 9/19/25 at 7:03 pm to TigersHuskers
quote:
Why not get a job that provides benefits and invest the 300k?
What rando job are you getting when you have an annual medical expense that is six figures?
Posted on 9/19/25 at 7:56 pm to TigersHuskers
There shouldn’t be taxes on 300k inheritance
Isn’t benefits based on annual income? Seems you could take the money and a year later get the welfare again if you have no income
Isn’t benefits based on annual income? Seems you could take the money and a year later get the welfare again if you have no income
Posted on 9/19/25 at 8:00 pm to TigersHuskers
quote:
oubt the guy is even disabled. Ive noticed that a good chunk of people on disability shouldn't even be on it.
Especially military disability
Posted on 9/19/25 at 8:04 pm to justaniceguy
quote:
OP just blew the dudes cover.
What do welfare benefits equate to? A couple grand a month + free housing/utilities/phone?
Posted on 9/19/25 at 8:07 pm to justaniceguy
quote:
Imagine you turn it down and then a hardcore libertarian wins the next election and cuts all the benis
Posted on 9/19/25 at 8:07 pm to TigersHuskers
frick no. That would be idiotic.
Posted on 9/19/25 at 8:08 pm to TorchtheFlyingTiger
Special needs trust must be established before her death
Posted on 9/19/25 at 8:14 pm to TorchtheFlyingTiger
Yeah he should call me
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