]> http://www.loani.org/taxonomy/term/376/0 Auto generated by aggregator2 autotaxonomy en http://www.loani.org/who_should_we_put_as_our_beneficiary <p>How does one provide life insurance benefit for someone who cannot have an income? Background: My husband's son, 13 now, is autistic. He will never be self-sufficient and will be on his parents' insurance until 18 and SSI thereafter. But to qualify for SSI/Disability we are told that he cannot have assets/income above a very low amount or he no longer qualifies(until his medical/housing care bleeds all of the money dry and can re-qualify for benefits) So right now he has the plans benefitting his son's mother. What other options does he have? I think a trusteeship would be something to look into, if it shields the money and keeps him on SSI.</p> Life insurance lifeinsurance socialsecurity Sun, 06 May 2007 20:02:48 +0000 http://www.loani.org/who_should_we_put_as_our_beneficiary_0 <p>How does one provide life insurance benefit for someone who cannot have an income? Background: My husband's son, 13 now, is autistic. He will never be self-sufficient and will be on his parents' insurance until 18 and SSI thereafter. But to qualify for SSI/Disability we are told that he cannot have assets/income above a very low amount or he no longer qualifies(until his medical/housing care bleeds all of the money dry and can re-qualify for benefits) So right now he has the plans benefitting his son's mother. What other options does he have? I think a trusteeship would be something to look into, if it shields the money and keeps him on SSI.</p> Life insurance lifeinsurance socialsecurity Sun, 06 May 2007 20:02:35 +0000