Special Needs Trusts

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.

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.

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 or create family conflicts. ...

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...

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.

If an applicant for Supplemental Security Income (SSI), a needs-based federal disability benefit, transfers assets out of her name prior to applying for benefits, she could face a stiff transfer penalty that would delay receipt of often vital services.

Does a special needs trust have to pay the state when a beneficiary dies?...

SSDI payments, like Social Security retirement benefits, can be taxed, depending on the SSDI beneficiary’s other income. Use this short primer explaining how the IRS taxes these benefits to avoid confusion.

When you start a new job you may be offered a wide range of employee benefits. If you are the parent of a child with special needs . . .