Special Needs Government Benefits Government Benefits for Individuals with Special Needs While it is critical to ensure that you have adequate planning in place to preserve your child’s eligibility for government assistance, it is important for individuals to know what government benefits are available to a child with special needs and when these benefits
Understanding an Able Account vs Special Needs Trusts ABLE accounts and special needs trusts (SNTs), also known as supplemental needs trusts, both give people with disabilities a way to save money tax-free. By saving money in an ABLE account or supplemental needs trust, you can also make sure that a disabled
Have You Ever Wondered What Is An Able Account? About ABLE Accounts Living with a disability is often associated with significant amounts of extra costs. That’s why individuals and families can now contribute to ABLE accounts — tax-advantaged savings accounts that can fund disability expenses. Source: ablenrc.org 10 Things You
What Is Letter Of Intent Special Needs? The Special Needs Letter of Intent An important companion piece to a special needs trust is a “letter of intent” or “letter of instruction.” Learn more and get your free Letter of Intent. Letters of Intent When you have a child with a disability
Overview of what a special needs trust can pay for Sometimes it is difficult to figure out what expenditures are appropriate from a Special Needs Trust. Confusion may arise because of differences in state law, trust size, age or condition of the beneficiary, terms of the trust itself, or any
Introduction to Special Needs Estate Planning Families with special needs children must exercise extra care in making their estate plans. This is true whether their special needs child is still a minor or now an adult, and particularly so when the child is or in the foreseeable future will be
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