Questions & Answers

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Question

Is There a Limit on the Value of a Car That an SSI Beneficiary Can Buy?

I receive Supplemental Security Income (SSI) benefits. My car is 19 years old and not so reliable. I'm thinking of driving it to the junk yard and buying another one. How much, maximum, I can spend on it?

VIEW ANSWER | TAGS: SSI and SSDI, Public Benefits
 

Question

Will a Contribution to an SNT Qualify for the Gift Tax Exclusion?

Does a gift of $14,000 this year to a special needs trust (SNT) qualify for the annual gift tax exclusion? 

VIEW ANSWER | TAGS: Special Needs Trusts
 

Question

Will a Divorced Couple’s Separate SNTs for Their Children Cause Problems?

A divorced couple has separate special needs trusts (SNTs) for their two special needs adult children.  The father has one trust for each beneficiary and the mother also has one trust for each beneficiary. The father does not want the mother to contribute to the trusts he has set up. Will this cause legal problems?

VIEW ANSWER | TAGS: Special Needs Trusts
 

VIEW ANSWER | TAGS: Special Needs Trusts
 

Question

Who Takes Care of an SSI Beneficiary's Finances if She Can't Manage Her Own Money?

I have a patient who receives Supplemental Security Income (SSI) but can't manage her own money.  Can we set up a special needs trust to receive her benefits and use them for her benefit over the course of the month?

VIEW ANSWER | TAGS: SSI and SSDI
 

Question

Who Can Help Coordinate Benefits When a Person with Special Needs Moves to Another State?

I have an adult son who receives both Social Security Disability Insurance (SSDI) and Medicare. Is there an interstate agency that assists with moves from one state to another so my son will not lose eligibility for government benefits? 

VIEW ANSWER | TAGS: Public Benefits, SSI and SSDI
 

Question

If a Trust Beneficiary Loses SSI, How Do You Close His Special Needs Trust?

When an SSI beneficiary loses his government assistance, how do you cash out his special needs trust?

VIEW ANSWER | TAGS: Special Needs Trusts, SSI and SSDI
 

Question

Who Pays for the Expenses on a House Owned by a Special Needs Trust?

If a special needs trust owns the house that the trust beneficiary lives in, who pays for the home expenses -- the trust or the beneficiary?

VIEW ANSWER | TAGS: Special Needs Trusts, SSI and SSDI