Special Needs Planning Annual Review Checklists 2024
The start of a new year is a perfect time to do a quick review of your Estate and Special Needs Plans. You should review your Estate Plan, Special Needs Plan, and Asset Inventory each
The start of a new year is a perfect time to do a quick review of your Estate and Special Needs Plans. You should review your Estate Plan, Special Needs Plan, and Asset Inventory each
Many people dream of being able to enjoy traveling and are drawn to the lure of owning a recreational vehicle (RV). However, they may not realize that owning an RV could impact their government benefits,
There are two general purposes of a Special Needs Trust (“SNT”): first, to protect a person’s eligibility for government benefits, and second, to house funds for a person’s future lifetime needs. Those with special needs
The New York Times Magazine’s weekly The Ethicist column recently explored a difficult question that may challenge many parents of adult children with special needs. The Ethicist helps people sort out the morality of the
A ward of the state is a person under the government’s protection. Children and adults with cognitive disabilities can become wards of the state when they lack a competent parent or trusted person to look
Funds held in a properly drafted special needs trust (SNT) will not affect a Supplemental Security Income (SSI) or Medicaid recipient’s benefits. However, funds disbursed in a manner that violates SSI or Medicaid rules can
The guardianship of an adult, in which a judge appoints an individual to make choices for a person over 18, is appropriate when the adult lacks capacity. Capacity is a general legal term that refers
When your child with special needs turns 18, he or she legally becomes an adult who can make his or her binding decisions with resulting consequences. When legal adulthood approaches, parents worry that their child
If you are considering saying “I do” and currently receive Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), Medicaid, or any other disability-related benefits, getting married could impact your benefits. Unfortunately, under current Social
If you are like most people, you didn’t assemble your special needs plan all at once. You may have created a special needs trust in 2001, purchased life insurance to fund it in 2005, established
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