Special needs trusts (SNT), or supplemental needs trusts, are legal entities designed to assist people of any age with disabilities with maintaining government benefits and receiving additional financial assistance. Under the SSA expenditure rules, an SNT can provide additional monies…
Adults with developmental disabilities who are unable to make important decisions or care for themselves in adulthood are usually placed in the care of a guardian or conservator. Establishing a legal guardian is the job of the court, which appoints…
According to US statistics, there are approximately 17.1 students with learning disabilities for every special education teacher. Yet, in the past decade, the percentage of available and competent teachers fell by 17 percent. Many federal and state government educational programs…
People with disabilities can save money tax-free by creating a special needs trust (SNT) or an Achieving a Better Life Experience account (ABLE). Both options provide a mechanism for saving money and protecting resources that ensures the person with a…
In planning for a special needs child’s future care, parents have unique responsibilities. Funding a special needs trust (SNT) with life insurance is one of the most important things you can do to provide additional monies while protecting eligibility for…
When you have a special needs child in your family, there are two main ways to use life insurance. In one situation, parents may consider purchasing life insurance for their child’s life, addressing the possibility of outliving them. Alternatively, parents…