A special needs trust is a legal arrangement and fiduciary relationship that lets a physically or mentally disabled or chronically ill person get income without reducing their eligibility for the public assistance disability benefits provided by Social Security,...
Presented by Attorney Pablo TagreHarvard Law School, JD Estate Planning with Revocable Living Trusts helps lay the proper groundwork for your future, while protecting your family from potential hardship. Click below to attend one of our informational webinars to...
Most states do not prohibit a parent or legal guardian from serving as special needs trustees of a special needs trust for their child. However, some states require that such a trustee be bonded, meaning that the trustee must have an insurance policy that refunds...
Use a Special Needs Trust to Prevent Disinheriting Disabled Children All too often, parents exclude their special needs children from their estate plan because they believe that if the child inherits property, they will be ineligible for government benefits....
Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) programs offer disability benefits, but applying for the federal government aid could be a difficult. There are several ways to apply for these program, and a lot of information is...
How Do I Get Rid of a Special Needs Trust? Almost every state’s probate code includes a right to terminate a trust for a variety of reasons. Some reasons may be if the original intent behind setting up the trust no longer applies or if there has been a...