To my fellow MSers, is anyone familiar with a SNT? As I'm finding out, the sale of my parents home (which has been my primary residence for the past two years) is going to have to be sold.
Back story: my brother had paid the property taxes, but is no longer willing to do so. I'm on SSDI and unable to keep up the house (or buy him out even for a very low price) so I've been advised to get a SNT to protect my Medicare/Medicaid benefits.
I'll be contacting the NMSS for guidance on attorneys (maybe even low-cost or pro-bono considering the situation), but does anyone at MS World have any guidance?
How much would setting up a SNT cost? If I have a close family friend as the trustee, is it economically doable?
Thanks, in advance, for your help!
Back story: my brother had paid the property taxes, but is no longer willing to do so. I'm on SSDI and unable to keep up the house (or buy him out even for a very low price) so I've been advised to get a SNT to protect my Medicare/Medicaid benefits.
I'll be contacting the NMSS for guidance on attorneys (maybe even low-cost or pro-bono considering the situation), but does anyone at MS World have any guidance?
How much would setting up a SNT cost? If I have a close family friend as the trustee, is it economically doable?
Thanks, in advance, for your help!
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