M thinks she's stuck not being able to "cash out" her portion of the house equity, due to her SSDI payments. Someone ("a trusted source" says she) told her if she sold the house or otherwise cashed out (like if I buy out her equity) htat her Social Security would cease until she exhausted those proceeds.
Well, that didn't sound right to me by a long shot. So, I personally called the attorneys we used 10 years ago, and to whom I make referrals and found out she was told wrong.
Per this legal expert, for the type of Social Security M is on, regular disability -- basically, early collection of your accrued SS -- passive, unearned income would have NO effect.
The attorney's best guess as to why M was told wrong was that whomever she consulted thought she was drawing SSI which is more akin to welfare and which has severe limitations on assets and suchy. IE: cannot have more than $2000 in the bank, etc.
BUT, that's NOT what she's on, so she is NOT stuck as she thinks....
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