Why Your Special Needs Trust Should Be a Separate Free-Standing Document
When you decide to create a special needs trust for your child with special needs, you should ensure that the trust is prepared as a separate free-standing document. Some people think that creating SNTs in their wills or as part of a revocable trust that becomes...
Military Family and a Child with Special Needs? Tips for Future Planning
If you belong to a military family and have a child with special needs, you have some unique future planning issues to address. Since being in the military can create some uncertainty about your plans and residence, future planning is especially important to safeguard...
How Can Future Planning Help Us Meet the Resource Limits for Benefits?
Most government benefits programs have strict “resource limits” for people applying to receive benefits. If your resources exceed the limit, you will not qualify for benefits. Future planning can help families of individuals with special needs who must have government...
Which Expenses Cannot Be Paid from an ABLE Account?
If your child with special needs has an ABLE account, you may be wondering which expenses you can pay with money from the account. ABLE accounts can only fund certain expenses for their beneficiaries – you cannot use the money to pay for anything you choose. There is...