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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...
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...
There are many potential benefits to creating a special needs trust for a loved one with disabilities. Not only can it provide funds to ensure that person lives comfortably, it can also help the beneficiary meet eligibility requirements for certain government...
Just a few decades ago, the care and respect that those with special needs received was far different. As recently as the 1960s, those with differing mental or physical abilities were all but incarcerated in bleak facilities receiving less-than-satisfactory care....
Developmental disabilities exist across a broad spectrum. Diagnosis may occur at birth or with failures to hit benchmarks in the first years. In other instances, it may take until adolescence or even early adulthood for such a disability to become apparent. Autism in...
Do you have a loved one who suffers from a significant disability? If you have a child with severe autism or a brother or sister with down syndrome, a special or supplemental needs trust can pay for additional expenses that Medicaid may not cover.Most people initially...