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Parents work hard to take care of their children. Few work harder than those with children who have special needs. These children grow into adults who will likely need more care and support from their parents compared to their peers. It is common for parents to worry...
If you have a minor or adult child with a disability or serious long-term medical condition, it’s crucial to set up a special needs trust (SNT) to help ensure that they’re cared for should you pass away or become unable to care for them. These trusts allow parents to...
Setting up a special needs trust for your adult child in your estate plan is an act of love. You want your assets to be used to enhance their life, without negatively affecting their entitlement to needs-based benefits like Medicaid or Supplemental Security Income...
Estate planning plays a vital role in safeguarding the financial security and care of individuals with disabilities. A key component of an effective estate plan for a child with special needs is the establishment of a Special Needs Trust (SNT). An SNT is a legal...
If you have a loved one with special needs, setting up a trust for them can be the best way to ensure that their financial needs are met when you are gone. However, not all trusts are suited for this job. A special needs trust is what you need. Special needs trusts...
If you have a loved one with special needs, you might worry that you will leave them in a precarious situation when you are gone. For instance, if you bequeath your estate through a traditional will, your loved one may not be eligible for government support programs...
Maybe your child was born with a condition like cerebral palsy that requires extensive daily support. Perhaps they fell very ill early in childhood or got into a car crash when they were teenagers and now have significant medical support needs. As a parent of a child...
Suppose you have a loved one with special needs. Should your estate plan be any different? If you leave them your entire estate through a will, it may disqualify them from receiving medical benefits since their assets could be more than the limit set by the...
You want your children to have the best life possible, which means supporting them when they are young. In some cases, you may need to continue to support them for the rest of their lives or even after you die. Creating a special needs trust is a popular way to...
It is the natural order of life that parents predecease their children. But if you are a parent with one or more of your children intellectually or physically disabled and dependent on others for their basic needs to be met, you dread the future for them once you are...