New Regulations For Special Needs Trusts
I have written about special needs trusts in past posts on this blog. SNTs are a safe harbor for the assets of disabled individuals that allows them to receive government benefits and be able to use the trust assets to supplement those benefits, because we quickly find that what the
My Disabled Child is Now 18 – Does Anything Change? Part 2
A few weeks ago I wrote about a scenario we are seeing with increasing frequency, the child with special needs who reaches adulthood and how that changes the ability of a parent to protect and/or act for that child. There probably won’t be any noticeable change in the family’s life
My Adult Disabled Child Has Turned 18 – Does Anything Change?
Last September I wrote a post about a scenario increasing in frequency involving an elderly parent who is deteriorating mentally but has refused to sign a power of attorney or health care directive. The family’s last resort is the guardianship process. A few weeks ago I wrote about how parents
Should I Leave My Disabled Child’s Inheritance to a Sibling to Hold?
For a variety of reasons parents often wish to distribute their estates equally amongst their children but not necessarily to each child outright. That may be because the child has a disability, substance abuse problem, issues managing money or other financial problems. Many people attempt to solve this problem by