Beneficiaries of a special needs trust can still qualify for federal housing assistance programs like Section 8, but careful planning is required to avoid having benefits reduced or eliminated.
Members of the extended family and friends can also make gifts to a special needs trust once it has been set up.
Special needs trusts (SNTs) can play an important role in helping families plan for children with special needs. Here are some of the most compelling reasons to speak with your attorney about establishing an SNT.
Most parents of children with special needs are well versed when it comes to their child's government benefits. What many parents don't often think about is the effect that their own estate plan can have on their child's benefits.
While creating a financial plan and establishing a specialized trust are central to preparing for your child's future, planners also advise families to write down their intentions and expectations in a special document.
Individuals with special needs who file a federal income tax return, even if they are not required to do so, may qualify for the Earned Income Tax Credit, a special credit that has existed for the last 36 years to
When your child is born with preventable birth defects due to medical malpractice, or suffers a catastrophic injury which leads to a lifelong disability, the resulting lawsuit can often take years to settle. The following are several very important
A trustee's level of involvement in the beneficiary's affairs can be confusing for beneficiaries and families, who may be under the impression that the trustee has the decision-making power in all aspects of a beneficiary’s life.