May 12, 2025 | Blog, Special Needs Trusts
A special needs trust is a way for families to financially support their family members with special needs without endangering their eligibility for needs-based government benefits like Medicaid and SSI. Many families in this situation set up a special needs trust as...
Nov 14, 2024 | Blog, Special Needs Trusts
The SECURE Act, SECURE 2.0, and recently released regulations interpreting this legislation have significantly impacted retirement planning, especially as it relates to special needs trusts, which are designed for individuals with disabilities. The changes that these...
Sep 12, 2024 | Blog, Special Needs Trusts
All special needs trusts aim to allow individuals with special needs to save money for future needs while still maintaining their eligibility for government benefits like SSI and Medicaid. However, significant differences exist between pooled special needs trusts and...
May 2, 2024 | Blog, Special Needs Trusts
A special needs trust is a common way for parents to prepare for the future care of a child with special needs. The child can use the proceeds from a special needs trust to pay for certain purchases and services that government benefits won’t cover, such as...
Apr 17, 2024 | Blog, Government Programs, Special Needs Trusts
The Housing Opportunity through Modernization Act (HOTMA) became law in January 2016. However, final regulations to implement certain sections of the law are now going into effect. The final rule to implement Sections 102, 103, and 104 of HOTMA took effect on January...
Feb 27, 2024 | Blog, Guardianships, Special Needs Trusts
When you have a child with special needs, your estate planning may look significantly different. Many parents traditionally leave their estate to their children in equal shares. Parents also routinely designate a guardian for their children if they pass away while the...
