More states are choosing to expand Medicaid services for people with low-incomes and the Department of Health and Human Services has just released regulations to ensure that people with disabilities will receive the coverage they need from private health insurers.
Funding a special needs trust with enough money to pay for the needs of a child with special needs can be a daunting task for many parents. One solution is to fund the trust with a form of life insurance.
If you have a special needs child and are worried about what will happen to that child when you die, this detailed book helps you secure the child's future.
An alternative to individual special needs trusts are "pooled trusts," which pool the resources of many beneficiaries. Becoming part of one may have advantages, depending on the situation.
Last month we discussed some initial things that every trustee of a special needs trust should do upon learning that the primary beneficiary has passed away. Now, we'll explore additional steps to consider when closing out the trust.
To help parents manage the long-term financial security of children with special needs, Massachusetts Mutual and Easter Seals have released a 10-point set of question-and-answer guidelines.