If a person with special needs receives a large personal injury award, paying for health insurance could become an unaffordable expense unless precautions are taken. A special needs trust could be the answer.
Major changes to the “kiddie tax” could significantly increase the tax liability of assets placed in special needs trusts if the trust’s beneficiary is a minor and the income the trust earns is high enough.
A lawsuit settlement must protect the injured person's long-term financial interests, health and quality of life. Here are five key questions that should be answered before settling a personal injury claim.
In an underreported case involving police violence, the state of California has agreed to pay nearly $1 million to a man with schizophrenia. The money will be placed in a special needs trust (SNT). ...
When victims win personal injury lawsuits, obtaining the award is only half the battle. Of equal, or greater, importance is constructing the settlement in a way that best protects the individual's long-term interests.
Supplemental Security Income (SSI) recipients must adhere to very strict rules regarding how much income they can receive in any given month or risk losing benefits.
What documents are needed to set up a Medicare Set-Aside?...
