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Can a disabled person who receives Social Security Income in the US receive a grant or a small business loan?
Wiki User
∙ 14y ago
Hello Everyone and thanks to all that involve themselves in answering a question I have concerning owning an llc or inc business while being on disability. To fill everyone in... My wife and I had a business. She ran the business I drew a disability check for a spinal condition every month for the last 8 years. Recently We divorced. The Judge awarded me the house and our business. Problem is I would love to take over the store and run it myself....but I am just physically unable to sustain employment. I had placed my house and business up for sale. Since the economy has been really sluggish and perhaps for other reasons no one has shown any interest in buying. It is a really great set up. My wife made 6 figure income every year jus on regular customers...I would like to do that as well... but cant. MY question is if I LLC or INC the business where the income is separate from my personal income... can i own the business and let the income produced just go to the business.....? If i cant run it and I cant sell it..... I dont know what the heck to do. There are some financial obligations now such as utilities, credits etc. Any help would greatly appreciated....
Wiki User
∙ 14y ago
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Can you collect ssi benefits for your disabled wife?
No, to receive social security disability you must be considered disabled under the social security's listing of impairments.
Can a disabled adult child receive his fathers social security benefits when his father dies?
A person generally receives one or the other SSD or SSI benefits. A disabled adult child cannot get social security from his parent's benefits and get SSI at the same time. Also, when one person in the family gets full SSD, all other persons in the household who receive SSI receive a lowered amount of benefits.
What law makes it possible for disabled workers to receive payments from the government?
Social Security Act
Does widow receive her husband's social security benefit if it is greater than her own?
Yes, a widow receives the social security benefit that is the higher of the two, but she cannot receive both.
Can a child receive disabilities?
A child can receive Social SEcurity disability benefits if s/he is "permanently and totally disabled" as defined by SSA regulations.
Is my child eligible for SSI?
People collect SSI when they are disabled. If a child is disabled, you can apply to see if they are eligible to receive SSI. The Social Security Office will have applications.
Can you receive Social Security benefits at age 60 without being disabled or widowed but facing unemployment?
No, unfortunately, you have to be at least 62 years old to receive Social Security retirement benefits.
If your disabled now and already on social security how can you receive more money monthly?
You have to ask the SSI people. There are lawyers who also help.
Survivor social security benefits At what age can a widow with no dependents receive social security benefuts?
At age 60, or at age 50 if Social Security also finds them disabled. They are reduced benefits if taken early.
Your husband receives Medicare and under the age of 65 can you receive Medicare also?
AnswerMedicare only gives individual coverage so whether or not you can get it has nothing to do with your husband. If you're 65 or disabled you can get it.
Qualifications for supplemental security income?
To receive Supplemental Security Income, one must meet citizenship requirements, have limited financial resources, and be either over 65 years of age or "totally and permanently disabled" as defined by Social Security regulations.
Do you have to be employed to receive disability?
No. It's possible to buy Disablity Coverage while employed, then get disabled while unemployed. There are many types of Disability Coverage.... State Disability, Social Security Disability, Private Individual, etc.
