Special Needs Trustee Must Repay Trust for Failing to Seek Public Benefits
In a recent New York case, an institutional trustee has been ordered to pay back a special needs trust almost $180,000 for it...
Read moreBecause your father's estate did not leave any money to your brother, you and your siblings will be able to establish a third-party special needs trust with some of your inheritance in order to take care of your brother, even though he doesn't receive government benefits.
If your brother had received an inheritance directly, a parent, grandparent, guardian or court would have to establish a first-party special needs trust to hold his money.
Local Special Needs Planners in Your City
In a recent New York case, an institutional trustee has been ordered to pay back a special needs trust almost $180,000 for it...
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You may?be thinking about setting up a trust.?Before you commit to a plan, make sure you understand the differences betwee...
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Parents are often very familiar with the government benefits their child receives, but many don't think about the effect t...
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