Frequently, in the settlement of a personal injury case the plaintiff is receiving a large settlement. Often, the same plaintiff has significant financial and medical needs that can be met through public benefits. The purpose of a Special Needs Trust…
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How Special Needs Families Can Save Money and Plan for Their Financial Future
Parents of a child with special needs know that there are many expenses for their child and sometimes seemingly not enough resources to attend to them. Financial planning is definitely more complicated for special needs families, but planning carefully and…
Does Your Living Trust Need Fixing?
You may have a living trust and think that you are done with your estate planning. That may or may not be the case. Trusts can take many forms. They could be complete or incomplete, appropriate or inappropriate. Here are…
How to Select a Corporate Trustee for a Special Needs Trust
The complex and frequently changing requirements of Special Needs Trust administration makes the selection of a corporate trustee especially challenging. A corporate trustee must possess considerable experience in the maintenance and operation of Special Needs Trusts. The Social Security Act,…
Flexibility Is Important When Setting Up Trusts for Your Child with Special Needs
Sometimes, due to an inability to determine whether a child with special needs will be self-supporting and earn income as an adult, parents cannot assess the child’s future eligibly for government benefits. This is often the case with children who…
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