Special Needs Answers
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.
Read moreSpecial needs trusts enable people with disabilities to receive financial support without losing eligibility for needs-based government benefits such as Medicaid and Supplemental Security Income.
Read moreOne of the most powerful tools available to help secure a stable financial future for a child with special needs is a special needs trust (SNT). Setting up an SNT early in a child's life can bring significant advantages that grow...
Read moreA special needs trust can allow individuals with special needs to preserve assets that will enhance their quality of life while allowing them to remain eligible for needs-based public benefits like Medicaid and SSI.
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Third-party special needs trusts, as the name implies, are funded with assets that never belonged to the trust beneficiary, and they provide several advantages over the other two types of special needs trusts.
Read moreFunds held in a properly drafted special needs trust will not affect a SSI or Medicaid recipient's benefits. However, funds disbursed in a manner that violates SSI or Medicaid rules can impact these benefits.
Read moreWhat is special needs planning, and what options can help people with disabilities? You can protect children or adults with disabilities and ensure they have everything they need to have a safe and happy life.
Read moreRetirement 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.
Read moreIf your child has special needs, a standard estate plan may not be adequate for your family. Here are several must-have documents.
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