Qualified Disability Trusts Can Offer Tax Savings
Some special needs trusts may be eligible for considerable tax savings. Here's how.
Some special needs trusts may be eligible for considerable tax savings. Here's how.
Credit cards offer a way for the trustee of a special needs trust to avoid giving a beneficiary cash while at the same time not serving as the beneficiary's designated shopper.
When a child with special needs is setting aside money for college, a 529 Plan may not be the best option. Here are some things to think about when family members ask about the best way to provide funds for...
Here are some of the questions you will need to consider in guiding your attorney to create a special needs trust.
Retirement accounts like 401(k)s and IRAs make up the majority of most people's savings. While these plans encourage saving by offering significant tax rewards, they were certainly not set up to help families with special needs.
Paying for day care is one of the biggest expenses faced by working adults with young children, a child with a disability or a dependent parent, but there is a tax credit available to help working caregivers.
Among the many questions surrounding ABLE plans is who can open accounts? Only the person with a disability? Parents? Other relatives? Friends? ...
Section 529 College Savings Plans can be an excellent investment tool when saving money for a child’s educational expenses. But if the child receives Supplemental Security Income benefits, families should be cautious.
A new audit finds that the government likely overpaid hundreds of millions of dollars to certain SSI beneficiaries. As many as 77,000 beneficiaries may be forced to pay back some or all of their overpayments.
