Designating a Special Needs Child as a Beneficiary of an IRA or Retirement Plan in a Trust
It is important to carefully plan how to leave behind assets to benefit a child with special needs, so that their government benefits can be protected. It is also important to protect those assets against later claims after your death and, in some cases, during your lifetime, for additional available public benefits such as Medicaid. […]
Lifetime Money Management for Children with Special Needs
Estate planning presents unique challenges for families with special needs children. Planning your estate to use, enhance, and enrich assets for a special needs child while maintaining their enrollment in public benefits programs requires careful consideration. With the help of an estate planning attorney, you can set up a special needs trust to accomplish these […]
Special Needs Planning and What You Need to Know
Enabling the Disabled In honor of October as Disability Awareness Month, let’s look at planning for disabled people to live their best lives. Family money can be carefully managed to fit the disability-benefit rules and still provide additional perks for the disabled person to enjoy. And, though the rules can be strict, disabled people are […]