How a 'Sole Benefit Trust' Can Either Hurt or Help a Person With Special Needs
As with most things that sound too good to be true, so-called "Sole Benefit Trusts" can come with a big catch for the pers...
Read moreYour attorney will typically draft a clause in your will (and possibly in your revocable trust as well) specifically leaving nothing to the child and explaining that he is going to be taken care of through other means. This is not the same thing as completely disinheriting the child, which is not something that we recommend.
Local Special Needs Planners in Your City
As with most things that sound too good to be true, so-called "Sole Benefit Trusts" can come with a big catch for the pers...
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Leaving a child with special needs out of your estate plan is almost always the wrong way to help the child.
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Academy of Special Needs Planners co-founder Harry S. Margolis was recently interviewed by Vanguard Investments about plan...
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