Rep. Glenn Thompson (R-Pa.) introduced the Special Needs Trust Fairness Act of 2013, a bill that would allow people with disabilities to create first-party special needs trusts to hold their assets without interfering with their access to Supplemental Security Income...
Trial lawyers can be held liable for failing to inform their clients of the effect proceeds of a suit can have on their benefits, even years after the matter has ended. While litigators need not become experts in probate...
"Elder Law: Setting up third party trusts for disabled", an article written by ASNP Charter Member William Edy. The article features commentary about Advisory Board Member David Lillesand's presentation at the 3rd Annual Meeting of the Academy of Special...
How can the donor of a special needs trust make sure that the trustee will properly manage the trust when the donor is no longer around to keep an eye on the trustee, especially if the trust's beneficiary is not...
Parents of special needs children know their child will require lifetime care, that can be both complex and expensive. They know there is a good chance their special children may outlive them. Parents are often the only ones with...
"An Estate Plan Built For Special Needs", an article originally published in the Wall Street Journal on October 9, 2008. Reporter Rachel Emma Silverman interviews ASNP Co-Founder, Harry Margolis and ASNP Advisory Board member, Michael Gilfix.
Not every potential trustee provides the best services for trusts designed for children with special needs. Here are some questions to ask while searching for the right professional trustee for your new trust.
In a recent New York case, an institutional trustee has been ordered to pay back a special needs trust almost $180,000 for its failure to make certain that the beneficiary qualified for available public benefits.
