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
As you reach milestones in your family’s special needs journey, it’s important to review your Special Needs Plan each year. By proactively monitoring and updating your Special Needs Plan and task list, you won’t miss
Parents of a child with special needs know that they must plan for the child’s care and support way into the future. This is especially so if the individual is unlikely ever to be able
Among the challenges of raising a child with special needs is figuring out how to provide for that child once you’re gone. If the child will never be able to earn a living, how can
Just before the end of 2019, Congress passed and the President signed a spending bill that includes significant changes to retirement savings accounts. Known as the Setting Every Community Up for Retirement Enhancement (SECURE) Act,
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