Special Needs Trusts

Members of the extended family and friends can also make gifts to a special needs trust once it has been set up.

My trustee claims that I insulted him in an email, which I did not. I believe he does not want to have to file income taxes on a special needs trust and used this as an excuse to bow out of...

Yes, but be aware that a co-trustee can be held responsible for another co-trustee’s breach of a fiduciary duty. Thus, it is important that all co-trustees pay close attention to everything that is done in the administration of the trust.

Can a special needs trust pay for the beneficiary's doctor-prescribed special diet?...

On April 4, 2009 ASNP Charter Member, Mark Biernath, joined other guests, Heidi J. Moore and Kendra & David Goerke to talk about Financial Planning For Special Needs Children.

Because access to Supplemental Security Income (SSI) depends on a beneficiary's income and resources, even small increases in income can cause a reduction or loss of SSI benefits. Unfortunately, when an SSI beneficiary's parent is ordered to pay child support,...

Leaving a child with special needs out of your estate plan is almost always the wrong way to help the child.

A new law just passed by Congress and signed by President Obama will allow people with disabilities who became disabled before they turned 26 to set aside up to $14,000 a year in tax-free savings accounts without affecting their eligibility...

Here are seven questions to ask before accepting appointment as a trustee of a special needs trust.