Avard Law Offices Sarasota & Bradenton

Avard Law Offices Sarasota & Bradenton Avard Law Offices' attorneys specialize in Social Security Disability, Veterans' Disability, Don't worry if English is not your first language.

Cape Coral Disability Attorney Carol Avard founded Avard Law Offices in Lee County, Florida in 1990. Our Florida based attorneys are here to help Social Security Disability and Personal Injury clients win their cases. If you are searching for a Cape Coral or Florida attorney who will listen, understand, and work with you to achieve the best outcome, you have made the right choice. We offer a free

consultation with you, so we can better understand your case. Our staff speaks Spanish, French, Ukrainian, and Russian. We have offices throughout South and Central Florida including: Cape Coral, Ft Myers, Naples, Port Charlotte, Sarasota, Bradenton, St Petersburg, Tampa, Orlando, Sebring and Ft Lauderdale.

Good news for new SSI applicants and current beneficiaries. Beginning September 30th SSA is expanding a rule regarding r...
04/16/2024

Good news for new SSI applicants and current beneficiaries. Beginning September 30th SSA is expanding a rule regarding rental subsidies which previously only applied in seven states (Connecticut, New York, Vermont, Illinois, Indiana, Wisconsin, and Texas) to cover the entire country. SSI recipients who pay less than market value in room or rental costs to friends or family will now see less deducted from their monthly SSI benefits.

Previously, a rental with a market value of $1,000 per month which was being rented by an SSI recipient for $500 per month meant that the SSI recipient was getting $500 in free rent, which was counted as a type of income, In-Kind Support and Maintenance (ISM). This free rental income would reduce SSI benefits by the presumed maximum value of ISM, currently $334.33 per month. Beginning September 30, 2024 any rental payments made which are equal to or higher than the presumed maximum value will be considering a “business arrangement” and will result in no loss of SSI benefits at all. Required rent below the current presumed maximum value will only reduce the monthly SSI benefit by the difference between the rental amount and the presumed maximum value. For example, $200 monthly rent would result in an ISM deduction from SSI benefits of $134 per month while a monthly rent of $350 per month, even if paid on a rental worth significantly more at market rates, would cause no loss of SSI benefits at all because it is higher than the current presumed maximum value.

https://avardlaw.com/social-security-disability/rental-subsidies-for-ssi-beneficiaries-expanding-to-all-50-states/

Address

9040 Town Center Parkway
Lakewood Ranch, FL
34202

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+19419541073

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