Ensuring Continuity in Delivering Care to a Trust Beneficiary
If you are the main person managing the care of the beneficiary of a special needs trust, have you planned yet for a time when you may no longer be able to perform this crucial role?...
If you are the main person managing the care of the beneficiary of a special needs trust, have you planned yet for a time when you may no longer be able to perform this crucial role?...
An often overlooked aspect of a special needs trust (SNT) is how the trust is taxed. Tax savings can be substantial depending on how the trust is structured.
You may have heard the terms "special" needs trust and "supplemental" needs trust and wondered what the difference is. The short answer is that there's no difference. Here's the long answer.
A common fear among beneficiaries or their families is that the trustee may not do what’s in the beneficiary’s best interests and that, if this happens, the beneficiary may not be able to do anything about it.
Over the past several years, crowdfunding and personal fundraising have become popular ways to raise money for people in need. Unfortunately, when crowdfunding sites are established for people with special needs who are receiving disability or medical benefits, even with...
The Special Needs Trust Fairness Act, a bill that would correct a decades-old error in federal law that prohibits people with special needs from creating their own special needs trusts, has passed out of the House Energy and Commerce Committee,...
The Special Needs Trust Fairness Act, federal legislation that would allow people with disabilities to create their own special needs trusts instead of having to rely on others, has cleared a key Senate hurdle.
The financial planning steps a family takes when their child turns 18 establish the foundation for the child's support and well-being for the rest of the child’s life. Therefore, it is essential that parents take extra care when planning for...
