By their very nature, Special Needs Trusts (SNTs) are usually designed to terminate, or at least radically change, when the trust’s primary beneficiary dies. But terminating a Special Needs Trust is not as simple as merely writing a check to the remainder beneficiaries and calling Continue reading
Increased Funding for Elders & The Disabled
President Biden has introduced a plan to spend $400 billion over eight years on home and community-based care for the elderly and people with disabilities. The money would go to expand access to care and support higher-paying caregiving jobs.
As the elderly population grows, our Continue reading
Save Now Pay Later
Many websites offer customized, do-it-yourself Wills and other Estate planning documents. Although such products are convenient, using them could create SERIOUS and EXPENSIVE legal problems for heirs. These digital services appear to offer a cost-effective and easy alternative to Continue reading
Let’s Get To Work
With campus doors opening back up some new guidelines may be of assistance to students. Supplemental Security Income (SSI) recipients are typically subject to strict income limits, but recipients under age 22 who are students may be able to earn significantly more without jeopardizing Continue reading
Digital Estate: How To Maneuver
While the internet makes our lives more convenient, it also adds new complications. For example, what happens to all our online data and assets if we become disabled or die? Whether or not we spend half our lives responding to devices, we all transact a lot of our daily business online Continue reading
Adult Guardianship Abuse
A growing problem with adult guardianship abuse is giving rise to calls for reform of the system. Vulnerable elderly can get caught in the guardianship system, being harmed and exploited by the very process that is supposed to protect them.
A guardian is someone appointed by a court Continue reading
Let’s Talk Disabled Beneficiaries
Just before the end of 2019, Congress passed and the President signed a spending bill that includes significant changes to retirement savings accounts. Known as the Setting Every Community Up for Retirement Enhancement (SECURE) Act, this legislation changes rules around retirement Continue reading
Need a Travel Buddy?
With everyone getting back to traveling and regular life, how are things for our disabled friends? The U.S. Department of Transportation (DOT) has proposed regulations that would allow airlines to impose new restrictions on people with disabilities seeking to fly with service animals. Continue reading
Long-Term Care Secured.
The older you get, the harder it is to qualify for long-term care insurance. If you are interested in buying this insurance, it is better to act sooner rather than later. Many people put off purchasing long-term care insurance until they need it, but by then, it may be too late. Not Continue reading
A Will Isn’t The Only Way
While a Will is one of the most important Estate Planning documents you can have, there are things that it won’t cover. A Will is just one part of a comprehensive Estate Plan. A Will is a legally-binding statement directing who will receive your property at your death. It is also Continue reading