Most special needs trusts give their trustee wide authority to respond to unforeseen circumstances. But for those concerned about placing some checks and balances on the trustee’s authority, one possible option is a care committee.
Leaving a child with special needs out of your estate plan is almost always the wrong way to help the child.
Doctors recommend annual physicals, but did you know that your special needs plan should be reviewed with your attorney at least as often?...
You may not want to leave any of the money in your estate directly to a relative with special needs, but the fine print in your estate planning documents might cause a catastrophic distribution anyway.
The Achieving a Better Life Experience (ABLE) Act gives some people with disabilities or their families the ability to establish tax-free savings accounts, but they may not be for everyone. Here are some pros and cons of these new accounts...
Support is building for new federal legislation, yet to be introduced, that would allow a military retiree to direct his Survivor Benefit Plan payments into a special needs trust for the benefit of his child with special needs, but your...
How can the donor of a special needs trust make sure that the trustee will properly manage the trust when the donor is no longer around to keep an eye on the trustee, especially if the trust's beneficiary is not...
A recent article published online in the AARP Bulletin Today highlights seven steps aging parents can take to secure their child's future. Academy of Special Needs Planners co-founder Harry S. Margolis is quoted throughout this helpful guide that offers...
