If you are a parent of a child with special needs, your estate planning should include a special needs trust. Closeup of mother holding her children hand.
A Special Needs Trust (SNT), also known as a Supplemental Needs Trust, is a trust created for a disabled beneficiary to hold funds in a way…
Special needs trusts are trusts that hold assets for a disabled beneficiary and distribute funds in a way that preserves the beneficiary’s eligibility to receive public…
When planning for the future of a loved one with special needs, understanding the differences between a First-Party Special Needs Trust and a Third-Party Special Needs Trust is…
Several parents have contacted me recently about setting up stand-alone special needs trust for their children. Unlike a supplemental needs trust that is created in a…
If you have been named as the trustee of a special needs trust, you likely have many questions about how to administer the trust. You can…
Parents whose children are receiving government benefits, such as SSI and Medicaid, know that those benefits are means-tested. Those with countable assets greater than…
Uniform Transfers to Minors Accouts (UTMA) accounts are an easy and inexpensive way for parents, grandparents and other well meaning individuals to make irrevocable gifts to minors…