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
This month, our Paralegal, Heather Geils, shares her experience as a Sibling. Siblings of individuals with disabilities are frequently involved in their brother’s or sister’s life longer than anyone else in their family. This involvement evolves
Social Security Disability Insurance (SSDI) is a federal program that typically provides cash stipends to people who have paid into the Social Security system and who can’t work because of a disability. In some cases,
A personal injury settlement can affect disability claims differently depending on the situation as well as where you live. Social Security programs like Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) have different
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are two federal disability benefits programs that provide monetary assistance for people with disabilities. Both programs allow recipients who work to deduct certain impairment-related work expenses from
