Special Needs Answers
My cousin has a special needs trust set up with funds from a home sale and a small amount of estate from her deceased father. She has special needs, is disabled, and receives Social Security Disability Insurance (SSDI) along with...
Read moreCan an ABLE account be funded directly from an RMD account (i.e., direct deposit)?...
Read moreCan a third-party special needs trust (SNT) purchase life insurance (term or perm) on another individual, and name itself (the SNT) as beneficiary? (For example, a disabled adult child is the beneficiary of a third-party SNT, the SNT is the...
Read moreCan the trustee of a special needs trust use trust funds to pay a special needs planner for planning advice?...
Read moreI live in California. I have no one in my life who would be appropriate or qualified to act as my representative payee. The Social Security Administration is requiring me to have a representative payee or lose my Supplemental Security...
Read moreCan the trustee (who lives in Texas) of a special needs trust established in California be compensated for their time?...
Read moreMust a special needs trust be issued in the state from which the beneficiary receives Supplementary Security Income?...
Read moreCan a first-party special needs trust (funded through a settlement on personal injury) be taxed as a grantor trust if grantors are parents? If treated as a grantor trust, will income taxed to the disabled party jeopardize public benefits?...
Read moreAsk us a question and we'll respond if possible. We receive a large number of questions and are unable to answer every one. But if you don't hear back, many questions are best answered by a local special needs planner. To find a qualified special needs planner near you, click here.
