What Can Special Needs Trust Proceeds Be Used For?
A special needs trust can be an extremely valuable estate planning tool. Designed to provide a person with special needs funds to help ensure a certain quality of life is enjoyed without jeopardizing eligibility for need based government benefits, a special needs trust can cover a wide range of expenses on behalf of...
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What Type of Planning Should a Child with Special Needs Have in Place?
The unique care needs of a child with special needs can run a wide range. Some children with special needs will be able to live independently. Others may need or eventually need 24-7 care. Oftentimes, a child with special needs will fall somewhere in between, needing assistance on occasion, but not all the time....
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What Is a Third Party Special Needs Trust?
Do you have a loved one with special needs? If so, he or she may be receiving needs-based government benefits such as Medicaid or Social Security to help cover essential and basic costs. While these government benefits can act as a critical financial resource for many, they do not cover much more than the...
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What Does Special Needs Mean?
You may have heard the term “special needs” in a variety of contexts. You may have even heard of special needs in the estate planning context. This is because there are several critical aspects of estate planning that should be addressed when planning for a person or a loved one with special needs....
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Special Needs Trusts Protect The Special People In Your Life
If you have a loved one with special needs, you already know that the benefits they receive from the government are both amazing and completely inadequate. Your loved one would not have the quality of life they currently enjoy without receiving government benefits, but the benefits only provide for very basic needs.You...
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U.S. Supreme Court Hears Special Education Case
Earlier this month, the highest court in the land, the United States Supreme Court, heard oral arguments in a case about an issue near and dear to our heart: education for people with special needs. Thanks to this case, we may finally get an answer to the question of how much effort and funding...
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Special Needs Trusts Help You Care For The Special People In Your Life
If you care for someone with special needs, you know your loved one is someone special. It should come as no surprise that a loved one who needs special attention and care from you during your lifetime also requires a different treatment than others included in your estate plan. Leaving money...
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