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The Watercooler
Goodness Gracious Alive....our Gov't and mortages in 2012...Whine!
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<blockquote data-quote="DDD" data-source="post: 558059" data-attributes="member: 35"><p>Fran I completely understand. In fact husband and I were talking about the "strangeness" the other day. We are both old and have health problems. IF there is any money that remains after we have passed on it appears we can not legally bequeath (big word for a small sum, lol) anything to him with-o it being offset by payment reductions. In the back of our brains we hoped he could pay off his morgage (which we anticipated would be low) with his inheritance and then we would know he had a place to live for his lieftime. It is not our nature to circumvent regulations.</p><p></p><p>Furthermore if he is allowed to remain on disability his income will be reduced to under $800 a month. The regs say very very clearly you can not have one cent more than $2000 at any time or you lose your monthly income. It, of course, does not make sense for taxpayers to give money to someone of means but having a small nest egg reduces anxiety. And then...they encourage you to seek our employment. What? Who knows what hoops you'd have to jump then. Whine. Whine. DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 558059, member: 35"] Fran I completely understand. In fact husband and I were talking about the "strangeness" the other day. We are both old and have health problems. IF there is any money that remains after we have passed on it appears we can not legally bequeath (big word for a small sum, lol) anything to him with-o it being offset by payment reductions. In the back of our brains we hoped he could pay off his morgage (which we anticipated would be low) with his inheritance and then we would know he had a place to live for his lieftime. It is not our nature to circumvent regulations. Furthermore if he is allowed to remain on disability his income will be reduced to under $800 a month. The regs say very very clearly you can not have one cent more than $2000 at any time or you lose your monthly income. It, of course, does not make sense for taxpayers to give money to someone of means but having a small nest egg reduces anxiety. And then...they encourage you to seek our employment. What? Who knows what hoops you'd have to jump then. Whine. Whine. DDD [/QUOTE]
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Goodness Gracious Alive....our Gov't and mortages in 2012...Whine!
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