Parents and grandparents of people with special needs have a unique opportunity to make life much easier for their children or grandchildren by creating a first-party special needs trust while they are still living.
The new year is always a time to take stock of the previous year and to make positive changes for the months ahead. Here are several resolutions that families of people with special needs will want to keep, in 2014...
There are plenty of advice books on the market for parents of children with special needs, but Reflections from a Different Journey takes a different approach, collecting wisdom for parents of children with special needs from the source: adults who...
In some cases a parent or family member can handle the job of trustee of a special needs trust perfectly well, but in other cases the task can simply become overwhelming. Here are some warning signs that a professional trustee...
A recent case from New Jersey should make you think twice about waiting to finalize that estate plan that you have been meaning to get to.
Unless you are a CPA, you should never prepare an income tax return for a special needs trust. Instead, call your special needs planner to discuss what needs to be done.
In many cases, the best way to provide monetary assistance to your loved one during the holidays is through contributions to a special needs trust. As an added bonus, a strange glitch in the tax code may make 2010...
The government prepares a budget. Businesses and families prepare budgets. A special needs trust should be no different.
Last month we discussed some initial things that every trustee of a special needs trust should do upon learning that the primary beneficiary has passed away. Now, we'll explore additional steps to consider when closing out the trust.
