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.
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.
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.
Understanding what benefits might be available to your child or loved one with special needs can be confusing. Childhood disabled beneficiary benefits (CDBs) are a case in point.
The tax plan put forward by the Republican-led House of Representatives would eliminate the medical expense deduction, potentially dealing a financial blow to those paying for costly care. ...
Special needs planners often recommend life insurance as a funding mechanism for an SNT. Here's why, and what your main choices are.
ABLE accounts are a relatively new planning tool available to individuals with disabilities. Here are details on the ABLE account programs of three states that allow out-of-state residents to open accounts. ...
