Search results for "Special+housing"
Trustees of special needs trusts generally have wide discretion in determining whether to distribute funds to trust beneficiaries. But if the person with disabilities receives SSI, care should be taken when using trust funds to pay for housing.
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Even a well-intentioned special needs trust trustee or other caring family members can make mistakes that may put a person with a disability at risk of losing public benefits such as Supplemental Security Income (SSI) and Medicaid.
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A recent Massachusetts case illustrates why trustees of special needs trusts have to be very careful before making distributions for people receiving public benefits.
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A new online calculator guides parents through the estate planning process by assessing the cost of everything their child with special needs is likely to need for the duration of his or her life.
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If you are taking on the responsibility of serving as the trustee of a special needs trust you will need a "go-to" reference guide that you can refer to. For most trustees, the 2020 edition of Managing a Special Needs Trust:...
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Choosing the right person to serve as trustee of a special needs trust is one of the most important and difficult issues in creating the trust. Here are five considerations to help in the choice of who should serve.
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A special needs trust is a legal document designed to help people with disabilities. It permits them to have funds that enhance their quality of life - without making them ineligible for public benefits.
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When parents ponder how to provide for their child with special needs, they sometimes forget one of the key advantages of a special needs trust. Members of the family and friends can make gifts once it has been set up.
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Among the many challenges for families is making sure there will always be enough money to provide lifetime care for special needs children. One solution is to fund a special needs trust with life insurance.
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