Oct 27, 2021 | Blog, Government Programs, Resources, Special Needs Trusts
Eligibility rules for many critical essential entitlements are means-based. Thus, any income and assets received by an individual with disabilities will affect the benefit awards that they potentially receive from these types of entitlement programs. Therefore, the...
Oct 13, 2021 | Blog, Special Needs Trusts
The two entirely different types of trusts that are usually referred to as “special needs” trusts are treated differently for tax purposes, benefit determinations, and court intervention. We already discussed Self-Settled Special Needs Trusts in our prior blog post....
Sep 29, 2021 | Blog, Special Needs Trusts
Greater awareness of disabilities in the last few decades has caused many of us to appreciate the need for special needs trusts. In most cases, the primary, essential purpose of a special needs trust is to improve the quality of life of an individual with special...
Sep 15, 2021 | Blog, Special Needs Trusts
A child with special needs changes the life of a family in many ways. The parents of a child with special needs embark on an unplanned journey knowing little of what the future holds for their child. Planning for an unknown future without any knowledge or experience...
Aug 30, 2021 | Blog, Government Funding, Illinois, Resources
After a federal judge admonished the State of Illinois in 2017 for failing to meet the requirements of a 2011 consent decree requiring more community-based services for the intellectually and developmentally disabled (I/DD) community, Governor J.B. Pritzker has...