Special Needs Trusts

California Is the First State to Move Toward Removing the Asset Limit for Medicaid Eligibility

In a groundbreaking move that could have repercussions in certain other states, California is the first state to phase out the requirement that people impoverish themselves before becoming eligible for Medicaid. ...

ABLE Accounts vs. Special Needs Trusts: Why Not Have It All?

ABLE accounts and special needs trusts can accomplish the same goals, but each has its advantages and limitations. The best approach, depending on the beneficiary, may be to use them in tandem.

What Are a Special Needs Trustee’s Record-Keeping Duties?

If you are considering serving as trustee of a special needs trust, know what is expected of you before taking on this crucial role.

Qualified Disability Trusts Can Offer Tax Savings

Some special needs trusts may be eligible for considerable tax savings. Here's how.

Three Tips When Hiring a Caregiver for a Child with Special Needs

Hiring a caregiver for someone with special needs can be a daunting task. Here are some tips to keep in mind before, during, and after the hiring process.

5 Issues to Consider When Creating a Special Needs Trust

Here are some of the questions you will need to consider in guiding your attorney to create a special needs trust.

Three Essential Documents for Parents of Children with Special Needs

If your child has special needs, a standard estate plan -- will, trust, power of attorney, and health care proxy -- may not be adequate for your family. Here are three must-have documents...

Special Needs Planning and Retirement Benefits

Retirement accounts like 401(k)s and IRAs make up the majority of most people's savings. While these plans encourage saving by offering significant tax rewards, they were certainly not set up to help families with special needs.