Why Create a Special Needs Trust Before Your Child Turns 18?
When you are looking into setting up a special needs trust, there are a few important questions you need to ask, especially when it comes to picking a trustee.
A recent New York case highlights the importance of planning in advance for a child with special needs, as well as of choosing the proper advocate for your child.
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.
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.
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...
