Life insurance provides a unique opportunity for many families to guarantee the financial security of their loved ones with special needs without placing a significant financial strain on other family members.
Trustees of special needs trusts are frequently approached by family members of trust beneficiaries who would like to be paid as caregivers for the beneficiaries. While the Social Security Administration (SSA) currently does not explicitly prohibit payment of family caregivers...
The Social Security Administration (SSA) recently issued an Emergency Message to all personnel requiring workers to specifically inform Supplemental Security Income (SSI) applicants or beneficiaries of the reasons a special needs trust has been rejected by the agency.
With a special needs trust that requires Medicaid to be paid back following the beneficiary’s death, what is the statute of limitations for that repayment? If Medicaid has not asked to be paid back, when can the proceeds be distributed?...
I know that a special needs trust cannot pay for food or shelter for an SSI beneficiary without affecting her benefits. But what about paying for food or shelter for an SSDI beneficiary?...
In case you haven't thought of checking in with your special needs planner in a while, here are five events that should trigger an immediate call to your attorney.
What is a special needs trust?...
Can a special needs trust have more than one trustee at a time?...
The Special Needs Trust Fairness Act, federal legislation that will allow people with disabilities to create their own special needs trusts instead of having to rely on parents, grandparents, guardians or a court, has been enacted.
