direct inheritance
Property left outright to a person, rather than put into a trust or account. For those who qualify for SSI or Medicaid, direct inheritance may cause a reduction or elimination of those benefits because the inheritance is counted as income in the month received and as a resource in the following months. Property left to a special needs trust is not counted as direct inheritance.
Category: Wills, Trusts & Estates → Getting Your Affairs in Order
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

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