Estate Planning

The Internal Revenue Service (IRS) recently ruled that when a person dies, his or her IRA may be transferred to a child's SNT free of estate or gift taxes, and that required minimum distributions from that IRA to the SNT...

Five tips to help plan for a child with special needs.

Parents of children with special needs must ensure that medical and financial decisions will continue to be made in their child's best interest once they reach age 18 -- the age of legal capacity. You have options.

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.

In many cases, the trustee of a special needs trust should hire a professional investment adviser. Here are some guidelines for hiring one.

Government programs like Medicaid and Supplemental Security Income (SSI) provide essentials, such as medical care, food, clothing and shelter. Special needs trusts are designed to supplement, not replace, this kind of basic support.

Special needs trusts are designed to supplement basic support provided by government programs like Medicaid and Supplemental Security Income (SSI). They pay for comforts and luxuries not covered by public benefits.

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?...

If you have a special needs child and are worried about what will happen to that child when you die, this detailed book helps you secure the child's future.