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Money and Finances
Reply to "Inheritance & Social Security Questions"
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[quote=Anonymous]It's one year for Social Security spousal survivor benefits, see https://www.ssa.gov/OP_Home/cfr20/404/404-0330.htm (10 years is for divorced spouses) There are certain situations where it can be even less than a year, see https://www.ssa.gov/OP_Home/cfr20/404/404-0335.htm and https://secure.ssa.gov/poms.nsf/lnx/0200305100 but they are not likely to apply to OP's dad's situation. Other factors to consider for Social Security: * is there common law marriage where they live? if so, do they have one? * is half of his benefit bigger than hers? * how old are they? when did they claim retirement benefits/ * was she married before? how long did it last? is she eligible for benefits on her ex's record and is that more or less than she'd get from this man? * are there any minor children or adult disabled children? Inheritance is a separate issue and state laws vary. If there's enough money to care about, then there's enough money to pay a lawyer for good advice. Other things to talk with a lawyer about could be medical and financial powers of attorney (who makes the decisions if FIL is incapacitated?), living will (what does FIL want if terminally/critically ill?), and Medicaid eligibility. [/quote]
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