Questions & Answers

• Categories:
• Special Needs Trusts
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• Special Needs Planning
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• Public Benefits

Because beneficiaries of programs like Supplemental Security Income (SSI) and Medicaid must be quite poor to qualify, they can lose their benefits when they come into an inheritance, receive money in their own names from an accident settlement, or merely...

• Categories:
• Special Needs Trusts
• |
• Special Needs Planning

Special Needs 101

Often, parents of children with special needs don't consider creating a special needs trust until their child turns 18 or sometimes even later, when the child requires government benefits like Medicaid or Supplemental Security Income (SSI). But special needs trusts...

• Categories:
• Special Needs Trusts
• |
• Special Needs Planning
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• Estate Planning

Most parents of children with special needs are well versed when it comes to their child's government benefits. What many parents don't often think about is the effect that their own estate plan can have on their child's benefits.

• Categories:
• SSI
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• Medicaid
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• estate plan
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• inheritence
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• special needs trust

Parents of a child with special needs are often daunted by the different government programs that fall under the general definition of "disability benefits." To make matters worse, two of the most common benefit programs available also have very similar...

• Categories:
• Public Benefits
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• Health Care
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• SSI and SSDI

The trustee of a special needs trust (SNT) has all of the duties of any trustee, plus specific added responsibilities due to the special needs of the beneficiary. All trustees are responsible for: Appropriate investment of trust property Bookkeeping and accounting of...

• Categories:
• Special Needs Trusts
• |
• Special Needs Planning
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• Financial Planning
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• Public Benefits

A Special Needs Trust (SNT) can play an important role in preserving the financial security and lifestyle of a person with special needs. A properly drafted SNT allows the individual to benefit from supplemental resources while still qualifying for public...

• Categories:
• Special Needs Trusts
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• Special Needs Planning
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• Settlement Planning

Special Needs 101

• Categories:
• Special Needs Trusts
• |
• Special Needs Planning
• |
• Public Benefits

An inheritance from parents who fund their child's special needs trust by will rather than by revocable living trust is in the public record. Predators are particularly attracted to vulnerable beneficiaries, such as the young and those with limited self-protective...

• Categories:
• Special Needs Trusts
• |
• Special Needs Planning