Special Needs Answers
Can 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 moreI am receiving $1,960 per month on SSDI. I am using my 85-year-old father's Honda. (I have a rusted, unsafe to drive 1995 Jeep Wrangler that I am scrapping for $500.) When Dad passes, I get the 2017 Honda CR-V and between $20,000 and $40,000 from his...
Read moreI was diagnosed as passive/aggressive in the Navy (1971), and a psychiatrist recently confirmed my condition as Bipolar. With medication, I still have suicidal ideation. Do I qualify for VA or SSI/SSDI benefits?...
Read moreMy son was disabled prior to age 18 and is now 39. He lives with us at home and draws Social Security benefits on his dad's work record. I will be 62 in June and have applied for early retirement. Will our son be...
Read moreIf you have an old vehicle that needs replacing, but receive Supplemental Security Income (SSI) benefits, you may be worried about buying another one. How much can you spend without affecting your benefits?...
Read moreI have an adult son who receives both Social Security Disability Insurance (SSDI) and Medicare. Is there an interstate agency that assists with moves from one state to another so my son will not lose eligibility for government benefits? ...
Read moreCan a special needs trust pay for the beneficiary's doctor-prescribed special diet?...
Read moreI am the new Representative Payee for a Supplemental Security Income (SSI) beneficiary. The beneficiary was overpaid for over a year and now the Social Security Administration (SSA) is seeking repayment. When and how should I pursue the previous Rep...
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