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
Many relatives or caretakers of loved ones living with a disability may at some point need to be able to exert more control over their family member’s personal affairs. For parents of children who have
Question: Should a special needs trust (SNT) trustee be paid, and, if so, how much? Answer: It depends. The demands on a trustee can vary widely, depending on the size and complexity of the trust.
The maximum amount that can be contributed each year to an ABLE account for a person with disabilities rose $1,000 to $16,000 on January 1, 2022. The figure, which is tied to the inflation-adjusted value
Estate Plans (that is, parents’ wills and trusts) are the foundation of a good Special Needs plan. Perhaps you prepared your documents decades ago, or have had significant changes since that should be incorporated. to
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