Takeaways Irish actor Colin Farrell, star of the TV crime drama “The Penguin,” made recent headlines in connection with his 21-year-old son James, who has a genetic developmental disability called Angelman syndrome. In an interview
Takeaways For families of children with disabilities, planning for a lifetime of support is both a practical necessity and a compassionate act. One of the most powerful tools available to help secure a stable financial
Takeaways Managing a special needs trust comes with significant responsibilities, particularly when investing the trust’s assets. A trustee must ensure that the trust’s resources are used to enhance the beneficiary’s quality of life while preserving
Takeaways Careful planning for the future of a loved one with special needs is one of the most critical life-protecting tasks you will ever provide for them. To approach the planning process in a meaningful
Takeaways Many parents have their retirement savings socked away in 401(k) plans and individual retirement accounts (IRAs). Retirement assets make up approximately one-third of all household financial assets in the United States. At the end
Think you’re finished with your planning project because you’ve signed the many, many documents your attorney prepared? Not so fast! You must now “fund” your plan. “Funding” means transferring asset ownership and updating beneficiary designations
An estimated 20 percent of military-connected children have special needs, according to the National Institutes of Health. With a Survivor Benefit Plan (SBP), military members can provide for their children with disabilities while helping them maintain
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
Mental illness in the United States is more common than most people may think. More than one in five U.S. adults live with a mental illness and one in six U.S. youth aged 6 to 17 experience a mental
Special needs trusts (SNT) and Achieving a Better Life Experience (ABLE) accounts each provide a tax-free way for people with disabilities to save money. Both options provide a mechanism for saving money and protecting resources
