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, ...

BINGHAMTON (WBNG) -- In today’s Lawyers on Call, Associate at Coughlin & Gerhart Caroline Myrdek explains supplemental needs trusts. “A supplemental needs trust, also commonly referred to as an SNT is ...

Careful planning for a loved one with disabilities is one of the most important and compassionate acts you can take as a parent or caregiver. It’s not just about securing their financial future, it’s ...

A special needs trust (SNT), also referred to as a supplemental needs trust, is created for a person who is disabled or has functional needs and gives that individual more financial support. While ...

Trustee selection for a beneficiary with special needs presents unique challenges. The decision includes practical considerations: the proposed trustee’s geographic proximity to the beneficiary; ...

While Congress has made it easier for parents to leave their IRA to a supplemental needs trust for a disabled child, this does not mean it's the best way to provide for such needs. Estate planning is ...

Attorney Stephen Yim, founder of Yim & Yempuku, joins producer/host Coralie Chun Matayoshi to discuss what to do to ensure there is someone to care for your child physically and financially when you ...

Q: A child of mine has special needs, and I previously created a supplemental needs trust for her benefit. What should I consider in updating my estate plan in order to provide for her future care ...

There is one aspect of estate planning that not everyone has to do but is very important to those who need it: planning for the future of a child with disabilities. This could include a child who was ...

A special needs trust is a legal way to help provide for a person with a disability without disqualifying them for governmental benefits. One of the main financial risks of having a disability is that ...

One of the most confusing questions involved in estate planning is whether you need a trust or will a simple will work just as well. The answer in an individual case depends on the facts of your case ...