How a 'Sole Benefit Trust' Can Either Hurt or Help a Person With Special Needs
As with most things that sound too good to be true, so-called "Sole Benefit Trusts" can come with a big catch for the person with special needs.
As with most things that sound too good to be true, so-called "Sole Benefit Trusts" can come with a big catch for the person with special needs.
A case illustrates the elaborate lengths some disability applicants must go through in order to obtain benefits that are rightfully theirs, and it also is a reminder of a dilemma many beneficiaries face once they receive their awards.
When a person with special needs cannot make important financial decisions, the government sends his benefits directly to a third party, known as a representative payee. Here are a few key things to remember about being a representative payee.
A new audit finds that the government likely overpaid hundreds of millions of dollars to certain SSI beneficiaries. As many as 77,000 beneficiaries may be forced to pay back some or all of their overpayments.
