Can someone gift me a large amount of money to spend on my mother without my mother losing public benefits?

[PayrollHRGuy]

To be fair that is great but I posted on here to understand the law and some peoples first reaction including yourself is to accuse me of wrong doing instead of educating like @Zigner and @xylene did. This thread would be much shorter and informative for others without your unwelcomed comments taking up space.

You aren't charged by the post so I wouldn't worry about it.

 

[ElmoHongZito]

And where in your original post did you mention a special needs trust? Oh, that's right. You didn't. And the way you described your situation in your OP most assuredly sounds like you're trying to hide assets so your mom can continue to receive gov't benefits she wouldn't otherwise be entitled to.

But you go right on with your bad self. Cherry-pick the posts that support your viewpoint and ignore the ethics of what you propose.

I didn’t mention it because I was less knowledgeable before posting this and thanks to people that actually provide usefull information (unlike yourself) which is what the forum is meant for, I now understand a potential strategy that was meant for situations like the one I presented.

I can care less how much it bothers you that I can improve my mothers quality of life while she does not lose benefits that her very low income qualifies her for and that I can do it within the law as others have stated here.

I probably pay far more taxes than you do so guess what? While it bothers you, it doesn’t bother me one bit that we live in a country that allows my mother to have access to these types of benefits while she pretty much lives a very humble lifestyle month to month without a penny to her name and that I can buy her some things from time to time so she can feel like she is still alive.

Take your beef to another forum that is designed for people like you to let out their frustrations on society. This forum is no place for your unwelcome opinions.

 

[Zigner]

I didn’t mention it because I was less knowledgeable before posting this and thanks to people that actually provide usefull information (unlike yourself) which is what the forum is meant for, I now understand a potential strategy that was meant for situations like the one I presented.

I can care less how much it bothers you that I can improve my mothers quality of life while she does not lose benefits that her very low income qualifies her for and that I can do it within the law as others have stated here.

I probably pay far more taxes than you do so guess what? While it bothers you, it doesn’t bother me one bit that we live in a country that allows my mother to have access to these types of benefits while she pretty much lives a very humble lifestyle month to month without a penny to her name and that I can buy her some things from time to time so she can feel like she is still alive.

Take your beef to another forum that is designed for people like you to let out their frustrations on society. This forum is no place for your unwelcome opinions.

See, now you sound like a pond dweller. You brag about your income (based on how much tax you pay), yet you also brag about your mother's position with having nothing. Gross.

 

[justalayman]

Mom won't be receiving $80k in one lump sum...that's the whole point...and perfectly legal. It's not fraud at all.

She will in effect though. Op will receive $80,000 on behalf of the mother. Without more info, this does appear fraudulent. I’m not saying it can’t be made to work legally but in essensce op is hiding the gift to the mother.

Op needs to speak with an attorney so if it can be done legally, it is. It’s too easy to screw this up. If it does get screwed up and the state considers this fraud, not only would mom lose all income based benefits, she may end up paying back previously paid benefits.

If the state sees it as fraud, there is a concern of criminal issues as well.


It’s better to do this correctly and above board.

 

[Zigner]

She will in effect though. Op will receive $80,000 on behalf of the mother. Without more info, this does appear fraudulent. I’m not saying it can’t be made to work legally but in essensce op is hiding the gift to the mother.

Again, if mom disavows the money, the money would then pass to the OP. The OP is legally free to do whatever he wants with the money. If he chooses to give it to his mom is small amounts over a long period of time, that's his choice. Buying 25,000 bags of potato chips is also a valid choice, if that's what he chooses.

I agree that it would be wise for the OP to speak to an attorney.

 

[Shadowbunny]

I didn’t mention it because I was less knowledgeable before posting this and thanks to people that actually provide usefull information (unlike yourself) which is what the forum is meant for, I now understand a potential strategy that was meant for situations like the one I presented.

I can care less how much it bothers you that I can improve my mothers quality of life while she does not lose benefits that her very low income qualifies her for and that I can do it within the law as others have stated here.

I probably pay far more taxes than you do so guess what? While it bothers you, it doesn’t bother me one bit that we live in a country that allows my mother to have access to these types of benefits while she pretty much lives a very humble lifestyle month to month without a penny to her name and that I can buy her some things from time to time so she can feel like she is still alive.

Take your beef to another forum that is designed for people like you to let out their frustrations on society. This forum is no place for your unwelcome opinions.

Well, bless your heart. I'm pretty sure it's not up to you who posts here. Or anywhere, for that matter. But I do find it telling that you're so well-off yet let your mother live in poverty. And I find it curious that you believe you pay more taxes than I. Are you psychic AND morally bankrupt?

 

[LdiJ]

Well, bless your heart. I'm pretty sure it's not up to you who posts here. Or anywhere, for that matter. But I do find it telling that you're so well-off yet let your mother live in poverty. And I find it curious that you believe you pay more taxes than I. Are you psychic AND morally bankrupt?

Stop please. You are way over the line on this one.

 

[Zigner]

Stop please. You are way over the line on this one.

I disagree. The OP, in the same breath, boasts about how much more money he makes than anyone here, as well as boasting about the fact that his mother has nothing.

 

[Shadowbunny]

Stop please. You are way over the line on this one.

How so? He's telling us how much more in taxes he pays, which indicates he believes he's well-off. Yet his mom relies on food stamps, subsidized section 8 housing, Medicaid, and Medicare Part-B premium free, and survives on $800 a month. I find that to be morally wrong.

 

[ElmoHongZito]

See, now you sound like a pond dweller. You brag about your income (based on how much tax you pay), yet you also brag about your mother's position with having nothing. Gross.

Don’t get lost in a couple of words. You may say I brag about my income when all I was saying is that I pay a boatload in taxes. You don’t know how many kids I have and what my lifestyle is. You are simply assuming that I am well off because I said I probably pay far more in taxes that the person accusing me of fraud. You don’t know how many times I bail my mother out of financial situations before these 80k even became a topic. You don’t know what type of relationship I have with her. You don’t know that she is incompetent of having direct access to money because it will be spent before it hits her account. I simply do not take kind to other people telling me that I am misusing THEIR tax money when I also pay a boatload of taxes and my mother is not “living the life” just because she has public benefits and I buy her some things now and again.

 

[ElmoHongZito]

How so? He's telling us how much more in taxes he pays, which indicates he believes he's well-off. Yet his mom relies on food stamps, subsidized section 8 housing, Medicaid, and Medicare Part-B premium free, and survives on $800 a month. I find that to be morally wrong.

Thankfully your judgement doesn’t really mean anything.

My mother is in the financial situation she is because of choices that she has made in life. Me saying in a moment of rage that I probably pay much more taxes than you does not #1 mean by default that I am well off and #2 even if I was well off it does not morally obligate me to pay for my my mothers food, medical and housing simply because she is my mother. You don’t know any of our backgrounds to say what is and is not morally wrong because my mother happens to be a public beneficiary and I am not. You don’t know that have my own children to support and put on a better path than the one I was put on by my parents. But its so simple for you to troll these boards and tell people looking for information that they are unethical and inmoral

 

[quincy]

Thankfully your judgement doesn’t really mean anything.

My mother is in the financial situation she is because of choices that she has made in life. Me saying in a moment of rage that I probably pay much more taxes than you does not #1 mean by default that I am well off and #2 even if I was well off it does not morally obligate me to pay for my my mothers food, medical and housing simply because she is my mother. You don’t know any of our backgrounds to say what is and is not morally wrong because my mother happens to be a public beneficiary and I am not. You don’t know that have my own children to support and put on a better path than the one I was put on by my parents. But its so simple for you to troll these boards and tell people looking for information that they are unethical and inmoral

What is the name of your state, Elmo?

 

[Zigner]

Me saying in a moment of rage...

If your participation in an internet forum enrages you, then you likely ought to seek out another method of gathering information.

 

[ElmoHongZito]

If your participation in an internet forum enrages you, then you likely ought to seek out another method of gathering information.

Has nothing to do with my participation in a forum. Being accused of fraud by multiple posters when I am simply looking for guidance for something that you yourself stated very clearly is not illegal is what enraged me. I get it that people have their opinions and political philosophies but there are places for that. Instead they spend time trolling a forum to contribute accusations and provide absolutely no helpful information

 

[quincy]

Has nothing to do with my participation in a forum. Being accused of fraud by multiple posters when I am simply looking for guidance for something that you yourself stated very clearly is not illegal is what enraged me. I get it that people have their opinions and political philosophies but there are places for that. Instead they spend time trolling a forum to contribute accusations and provide absolutely no helpful information

What is the name of your state?