Choosing Trustees for Special Needs Trusts: 5 Considerations
Choosing the right person to serve as trustee of a special needs trust (SNT) is a key task when creating such a trust. It may also prove to be one of the most challenging. Trustees
Choosing the right person to serve as trustee of a special needs trust (SNT) is a key task when creating such a trust. It may also prove to be one of the most challenging. Trustees
For nearly a decade, people with disabilities have had the option to accumulate savings in a special tax-free account – without risking their means-tested public benefits. In 2024, the annual limit on how much money
One in five families in the United States care for children with special needs. The United Disability Services Foundation identifies several barriers young adults with disabilities encounter when reaching adulthood. These include such difficulties as finding employment, seeking
According to the National Institute of Mental Health (NIMH), approximately 4.4 percent of adults experience bipolar disorder during their lives. Individuals with certain disabilities may be able to secure disability benefits through the Social Security Administration
Intellectual or developmental disability, known as IDD, affects approximately 7.39 million people in the United States, according to a 2019 estimate by the University of Minnesota. Typically present at birth or onsetting in childhood, IDDs adversely impact
When your child reaches adolescence, you may realize that radically different benefits will soon replace many services on which your child has long relied. Most of these new benefits will abruptly come into play once your child leaves the
Living with mental illness can make gainful employment impossible. The Social Security Administration (SSA) provides disability benefits to people with certain mental illnesses through two federal programs. Social Security Disability Insurance (SSDI) and Supplemental Security
Many people dream of being able to enjoy traveling and are drawn to the lure of owning a recreational vehicle (RV). However, they may not realize that owning an RV could impact their government benefits,
The announcement about the cost-of-living adjustment (COLA) for 2024 is now out, and it’s good news for disability benefits recipients. Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) recipients will soon see a
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
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