May 7, 2023 | Social Security, Special Needs Trusts
A special needs trust is often the best way for parents to plan for the future care of a child. The proceeds of a special needs trust can help pay for items and services that government assistance doesn’t cover, like transportation, computer equipment, and...
Apr 13, 2023 | Special Needs Trusts
Many parents who have a child with special needs establish a special needs trust to plan for their future. The proceeds of a special needs trust can help pay for things for that child that government assistance doesn’t cover, such as transportation and education, as...
Apr 11, 2023 | Blog, Special Needs Trusts
A Third Party Special Needs Trust is a common mechanism that parents use as a repository for any inheritance their child with special needs will receive after their death or for gifts from another family member. By creating a special needs trust, they can ensure that...
Feb 21, 2023 | Blog, Special Needs Trusts
An estate plan for children with special needs requires careful and mindful planning. Parents of children with special needs provide critical support for their children, not only as their loving parents but also as their advocates, protectors, and financial support....
Feb 7, 2023 | Special Needs Trusts
The Special Needs Trust (SNT) Improvement Act of 2022 is now in effect after being signed into law as part of the much larger Consolidated Appropriations Act of 2023. It amends The Secure Act of 2019. The Special Needs Alliance, a national advocacy group of which...
Oct 11, 2022 | Blog, Special Needs Trusts
Adding a child with special needs to your family can bring change and uncertainty to your life. You may contemplate what the future holds for your child and how to best plan for your child’s future. While you can never anticipate every need or contingency that...
