Financial Planning

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.  ...

Special needs planners often recommend life insurance as a funding mechanism for an SNT.  Here's why, and what your main choices are.

Sixteen states now have ABLE programs, which allow people with disabilities to set aside up to $14,000 a year in tax-free savings accounts without affecting their eligibility for government benefits...

Over the past several years, crowdfunding and personal fundraising have become popular ways to raise money for people in need.  Unfortunately, when crowdfunding sites are established for people with special needs who are receiving disability or medical benefits, even with...

The Earned Income Tax Credit gives people with disabilities an incentive to file a tax return even if they are not required to do so. ...

Life insurance provides a unique opportunity for many families to guarantee the financial security of their loved ones with special needs without placing a significant financial strain on other family members.  ...

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...

If you or your spouse have a disability, or if you care for a dependent with a disability, you may be able to qualify for one or more tax credits and deductions.

Medical coverage and housing may be the two most important services to make sure are taken care of once your child turns 18.