Our son receives Supplemental Security Income (SSI) due to a heart condition. He is about to receive an inheritance and we would like to protect it with a special needs trust. What is the best type of trust for him?...
If you are administering a first-party special needs trust, pay attention to who is benefiting from items purchased by the trust or you could cause problems with the beneficiary's government benefits.
A new bill introduced for the third straight session of Congress hopes to phase out the two year waiting period before SSDI beneficiaries receive Medicare.
In some cases, the donor of a special needs trust may want to provide an extra level of assistance to the trust's beneficiary by naming a trust adviser to assist the trustee with trust management. ...
Several federal agencies recently proposed new regulations that will prevent banks from completely freezing bank accounts that receive certain benefit payments, including Social Security Disability Insurance payments, Supplemental Security Income, and Veterans benefits.
Academy of Special Needs Planners co-founder Diedre Wachbrit was quoted in a recent Wall Street Journal article on the various tools to ensure that a minor child can receive the benefits of an Individual Retirement Account (IRA).
One question that typically comes up when an attorney is drafting a special needs trust for a beneficiary whose disability may end at some point is whether the attorney can write a clause into the special needs trust stating that...
In the wake of the shooting rampage in Newtown, Connecticut, President Obama put forth a comprehensive plan to address gun violence that includes proposals to address mental health issues, including a substantial expansion of services for children and teenagers with...
The U.S. Supreme Court recently heard oral arguments in a case that questions just how much money a state can actually recover when it comes time to collect its Medicaid lien on a personal injury award.
