Invite Others to Contribute to the Trust
Members of the extended family and friends can also make gifts to a special needs trust once it has been set up.
Members of the extended family and friends can also make gifts to a special needs trust once it has been set up.
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.
Parents of children with special needs often want to direct required distributions from IRAs following their deaths into a special needs trust (SNT) for the child. But if the trust is not set up properly, the income tax consequences...
This book offers a boilerplate special needs trust. Our reviewer finds many flaws and asks: Why would you want to scrimp on the one tool that will provide for your child'™s lifetime care?...
In many cases, the trustee of a special needs trust should hire a professional investment adviser. Here are some guidelines for hiring one.
The New Hampshire Supreme Court has put off the question of whether a special needs trust beneficiary is eligible for Medicaid until the state can locate its apparently lost Medicaid plan from 1972.
Parents of children with special needs must be concerned with ensuring that medical and financial decisions will continue to be made in the child's best interest once the child reaches age 18 -- the age of legal capacity.
