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
Private retirement savings plans, like IRAs and 401(k)s, have become the main way for American families to save for retirement. But parents of children with special needs need to be vigilant when signing up for
Affordable, safe housing is one of the most crucial aspects of a person’s life, especially if that person has a disability. Parents and guardians must plan for this as early as possible to make sure
Sometimes a parent or relative of a person with special needs will establish a special needs trust for their family member and decide to serve as the sole trustee of the trust. In other cases,
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.
If you have a child with disabilities, it is crucial to set money aside for the child’s future. At the same time, you need to consider your child’s access to public benefit programs such as
Retirement plans often make up a significant portion of the assets of parents of children with special needs, or of individuals who have become disabled as adults. In such cases, the question arises as to
This website is designed for information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. | Disclaimer | Privacy Policy
Clancy & Associates © 2024
