If you are a parent of a child with special needs, you need special estate planning. Why? Because if you leave assets directly to your child, either…
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 benefits.
I received an email this week from someone who had a special needs trust for a sibling. She wondered if her sibling could put some of his…
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 $2,000 can…
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…