Takeaways Imagine surviving on less than $1,000 a month and being told that if you save even a modest emergency fund, you could lose the cash assistance you depend on. That is the reality for
Takeaways When families start researching housing for a loved one with a disability, they often run into a confusing mix of terms — “supported living,” “group homes,” “adult foster care,” and more. This guide explains what
Takeaways Retirement plans typically make up a significant portion of the assets of parents who have children with special needs, as well as individuals who become disabled as adults. For families planning around disability, this
Takeaways Of all the stress-inducing steps in the college application process, the financial aid application may be the most confusing. Although schools tout how easy it is to apply for financial aid, anyone who has
Takeaways If you (or your child) are about to receive a personal injury settlement and you also receive or may need Medicaid or Supplemental Security Income (SSI), you should assume one thing until a professional confirms otherwise:
Takeaways A quarter of households in the United States include at least one family member with a disability. These families grapple with complex legal and financial issues. What will happen to the individual with a disability when
Takeaways Why Housing Creates Benefit Problems — and Why ABLE Is Different Housing is often the single biggest barrier to independence for eligible individuals with disabilities who rely on Supplemental Security Income (SSI) and Medicaid. Even when families
UTMA Accounts: A Problem for Individuals With Disabilities Uniform Transfers to Minors Act (UTMA) accounts are popular, inexpensive tools for gifting assets to children. Grandparents, parents, and other relatives often use them to set aside
Takeaways What is a Special Needs Trust? A special needs trust (SNT) is a specific legal tool created to manage assets for people with disabilities. Its main goal is to protect the individual’s eligibility for
Takeaways When managed correctly, a special needs trust (SNT) can help a person with a disability cover certain expenses while keeping their Medicaid and Supplemental Security Income (SSI) benefits. Managing an SNT takes knowledge and
