One of the biggest annoyances of Word 2008 (Version 12.3.6) for Mac is trying to put up with snapping.
I finally found a solution today. (Thanks to Elias displayed here)
As with MS Word 2004, you can turn off the “Snap objects” in the Grid Options.
1. View – Toolbars – Drawing
2. Click on the Grid Options icon (2nd icon from top)
3. Remove the check mark