Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the difference is? The simple answer is that there’s no difference. Whether supplemental or special, ...
A special needs trust provides financial support for a disabled person without affecting their eligibility for benefits like SSI or Medicaid. Families or caregivers can fund the trust with cash, ...
Special Needs Trusts (SNTs) protect assets for individuals with disabilities while preserving eligibility for public benefits like SSI and Medicaid. Establishing an SNT early allows for long-term ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Planning for long-term care or supporting a loved one with ...
When settling a lawsuit on behalf of a person with a disability, the plaintiff's attorney must take into account not only the settlement amount, but also how the settlement will be distributed.
Suppose you have a client named Madeline Jones, who has a 25-year-old granddaughter, Sharon, who is disabled and gets government benefits. Madeline, whose net worth is now about $3 million, wants your ...
When you become a parent or guardian of a special needs child, your world can turn upside down. You are learning medical terms, navigating the insurance industry and trying to thrive in a world that ...
Neil Gewanter works at a job folding shirts for shipping and lives in a group home in Chesterfield County. The 29-year-old has participated in Special Olympics and goes on vacation once in awhile with ...
While ordinarily inheriting a home is a financial windfall, for someone receiving Supplemental Security Income (SSI) payments it can present a problem and potentially a serious financial negative.
When settling a lawsuit on behalf of a person with a disability, the plaintiff's attorney must take into account not only the settlement amount, but also how the settlement will be distributed.
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