Can an ABLE Account Pay for a Vacation?
My sister has an ABLE account in New York. Can she use the ABLE account to pay for a cruise for her and a companion?
See the AnswerGet answers to your long-term care and estate planning issues.
Ask a QuestionMy sister has an ABLE account in New York. Can she use the ABLE account to pay for a cruise for her and a companion?
See the AnswerCan a first-party special needs trust (funded through a settlement on personal injury) be taxed as a grantor trust if grantors are parents? If treated as a grantor trust, will income taxed to the disabled party jeopardize public benefits?
See the AnswerWhere do I even start with being a caregiver for my widowed mother? How can I get paid by the state to take care of her full time?
See the AnswerI live in California. I have no one in my life who would be appropriate or qualified to act as my representative payee. The Social Security Administration is requiring me to have a representative payee or lose my Supplemental Security Income (SSI) benefits. What are my options?
See the AnswerI am a disabled adult and the beneficiary of a special needs trust (my uncle is the current trustee). I'm having some issues with my landlord, and would like to know if the special needs trust can pay for legal fees in the event I want to hire a lawyer (a lawyer specifically to help with current landlord/tenant issues)...
See the AnswerMy daughter has a third-party trust funded with her money from my parents. Is she entitled to leave any remaining funds after her death to a beneficiary of her choice?
See the AnswerIf someone were on Social Security Disability Insurance (SSDI) and were elected to a political office, could they have their pay go to a special needs trust (SNT)?
See the AnswerCan a special needs trust pay for vehicle insurance?
See the AnswerMust a special needs trust be issued in the state from which the beneficiary receives Supplementary Security Income?
See the AnswerCan the trustee (who lives in Texas) of a special needs trust established in California be compensated for their time?
See the AnswerDownload one or more of our in-depth guides on special needs topics.
Get your GuideDownload one or more of our in-depth guides on special needs topics.
Get your GuideSince not all disabilities are permanent, some people are able to return to work and no longer need SSDI. But what happens if a person's disability returns or worsens and, again, prevents them from working?
Read moreOne of the most powerful tools available to help secure a stable financial future for a child with special needs is a special needs trust (SNT). Setting up an SNT early in a child's life can bring significant advantages that grow over time.
Read more