There are two general purposes of a Special Needs Trust (“SNT”): first, to protect a person’s eligibility for government benefits, and second, to house funds for a person’s future lifetime needs. Those with special needs
The New York Times Magazine’s weekly The Ethicist column recently explored a difficult question that may challenge many parents of adult children with special needs. The Ethicist helps people sort out the morality of the
Depending on which statistics you believe, between 40 percent and 50 percent of first marriages will end in divorce or permanent separation, and second marriages fare even worse. While there is no such thing as
Supplemental Security Income (SSI) is a federal program that provides cash assistance to people with disabilities who have very limited incomes and resources. In most cases, SSI recipients may also obtain a much more important
A 1999 Supreme Court case, Olmstead v. LC, granted people with disabilities the right to live at home and receive access to home care in their community, instead of in nursing homes or other institutional
For individuals with disabilities, an inheritance or settlement can jeopardize a their government benefits, such as Medicaid and Supplemental Security Income (SSI). A special needs trust (SNT) can help the individual remain eligible for these
A special needs trust (SNT) allows you to meet your needs while receiving government benefits, such as Medicaid and Supplemental Security Income (SSI). When you have a special needs trust, you can use it to
Many parents and families planning for the care of their loved one with special needs will consider setting up a special needs trust. (Special needs trusts are also often referred to as supplemental needs trusts
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
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