Special Needs Trusts

Workers who must pay for the care of a dependent relative, including a child with special needs, so that they can continue to work can get a significant tax benefit under a little-known provision of the Internal Revenue Code, the...

A recent New York case highlights the importance of planning in advance for a child with special needs, as well as of choosing the proper advocate for your child.

While there is no such thing as a "typical" divorce, a divorcing couple that has a child with special needs faces even more complicated issues than most, such as the impact of child support payments on the child's eligibility for SSI.

While creating a financial plan and establishing a specialized trust are central to preparing for your child's future, planners also advise families to write down their intentions and expectations in a special document.

A federal court in New York recently ruled that the state discriminated against people with mental illnesses by housing approximately 4,300 New York City residents in "adult homes."...

Individuals with special needs who file a federal income tax return, even if they are not required to do so, may qualify for the Earned Income Tax Credit, a special credit that has existed for the last 36 years to...

Often, parents of children with special needs don't consider creating a special needs trust until their child turns 18 or sometimes even later, when the child requires government benefits like Medicaid or Supplemental Security Income (SSI). But special needs trusts...

In an apparent violation of federal law, states are increasingly using nursing homes to house young and middle-age people with mental illnesses.

Private retirement savings plans, like IRAs and 401(k)s, have become the main way for American families to save for retirement. But parents of children with special needs need to be vigilant when signing up for a retirement plan or company...