One concern you need to have with leaving your child an inheritance is the effect it may have on his or her ability to receive federal benefits. Some options may reduce his or her benefits orREAD MORE >
If you have a family member with special needs adults, you probably already know that they are more vulnerable than your other family members when it comes to manipulation or abuse. What you may not haveREAD MORE >
A trust is a financial planning instrument that contains assets and one person (the trustee) manages it for another person’s (the beneficiary’s) benefit. There are certain cases where you may want to set up a special needs trust to ensureREAD MORE >
Parents may know that a trust can provide long-term financial support for their special needs child. However, they may worry about how they will fund this trust and how the trust will affect their child’s federalREAD MORE >
When creating a special needs trust, you need to make sure to choose the right type. There are two options: first-party and third-party. According to the Special Needs Alliance, the most important distinction between the twoREAD MORE >
