When you establish a special needs trust, one of the most important decisions you make is your choice of trustee. Because they will have a great deal of power over the assets you place in trust, you want to select someone that you can rely on. What questions should...
Special Needs, Disability And Long-term Care Planning
How much do you need to put aside for a special needs child?
Having a child with special needs means that you will have unique concerns when it comes to planning for their future. Most parents can simply make a last will naming a guardian for their minor children and allocating their valuable assets to their kids after they...
How can money in a special needs trust be used?
Special needs trusts are designed to give people with disabilities the money they need to improve their overall quality of life without putting any public benefits they receive, like Supplemental Security Income (SSI) or Medicaid, in danger. What does that mean?...
Choosing the right trustee for your special needs trust and child
The creation of a special needs trust can do a lot for the security of a child that depends on you and your peace of mind regarding their future. By creating and funding a trust, you ensure that someone you love with special needs will have access to the resources...
Trusts and ABLE accounts: providing for your special needs child
Your special needs child’s Social Security benefits often don’t cover extra expenses that let your child live comfortably. As the parent, you buy anything your child may need to have a good quality of life. But what happens when you are no longer around? Your child...