If you are thinking about moving to another state with your child, or if your child has grown up and is moving to another state, provisions in your child's special needs trust may no longer be applicable.
California attorney Michael Avenatti has been charged with stealing from the settlements of clients, among them a paraplegic who was waiting for Avenatti to deposit his settlement funds into a special needs trust (SNT).
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...
Major changes to the “kiddie tax” could significantly increase the tax liability of assets placed in special needs trusts if the trust’s beneficiary is a minor and the income the trust earns is high enough.
A special needs trust has been likened to a "parent's pocket" -- that is, it pays for the kinds of things that a parent would just reach into his or her pocket to cover.
The New York Times Magazine’s weekly The Ethicist column recently explored a difficult question that may challenge many parents of adult children with special needs.
Although homeownership can be empowering for someone with disabilities, purchasing the home through a special needs trust may be in the beneficiary’s best interests.
Trusts where the funds of many people with special needs are “pooled” may be a better option for some people than the conventional special needs trust, depending on the circumstances.
