The Top Five Responsibilities of a Trustee of a Special Needs Trust
Trustees of special needs trusts have many important responsibilities, but these five likely rank at the top of any trustee's list.
Trustees of special needs trusts have many important responsibilities, but these five likely rank at the top of any trustee's list.
Can a special needs trust have more than one trustee at a time?...
My special needs trust refers to someone called a settlor but my friend's trust has a grantor. Are these roles different?...
In case you haven't thought of checking in with your special needs planner in a while, here are five events that should trigger an immediate call to your attorney.
When an SSI beneficiary finds out that he is going to receive an inheritance, his first reaction may be to refuse to accept it. But this refusal, also known as a disclaimer, could make things even worse for the beneficiary.
Out of all of the decisions that parents of children with special needs have to confront, the choice of a guardian stands out as one of the most difficult. But parents don't have to dread this decision, especially if they...
Once you begin to understand how the gift tax system really works, you may be pleasantly surprised to learn that most people can fund a special needs trust for a person with disabilities with a lot more than $14,000 a...
Parents giving gifts to children will sometimes provide nothing to the child with special needs while giving substantial amounts to the child’s siblings. This planning strategy can lead to trouble, as a recent Wisconsin case highlights.
The financial planning steps a family takes when their child turns 18 establish the foundation for the child's support and well-being for the rest of the child’s life. Therefore, it is essential that parents take extra care when planning for...
