by LM2 | Jan 23, 2024 | Special Needs, Special Needs Trusts |
As a parent, ensuring the long-term well-being of your child, especially if they have special needs, is paramount. If your minor child is receiving a settlement due to a lawsuit and will require care throughout their life, it’s crucial to manage these funds wisely....
by LM2 | Nov 21, 2023 | Special Needs Planning, Special Needs Trusts |
Special Needs Trusts (SNTs) are designed to provide supplemental support to individuals with disabilities without jeopardizing their eligibility for government assistance, such as Medi-Cal or Supplemental Security Income (SSI). However, there are certain expenses that...
by Christine Brown | Aug 31, 2023 | Special Needs, Special Needs Children, Special Needs Planning, Special Needs Trusts
Empowering a young adult with developmental disabilities to live an autonomous life is a journey filled with unique challenges and opportunities. As a parent, you want to strike the right balance between enabling their independence and ensuring they have the necessary...
by Christine Brown | Apr 19, 2023 | Estate Planning, Special Needs Planning, Special Needs Trusts, Trusts
Parenting an adult with special needs can present unique financial challenges. A Special Needs Trust can help to ease the burden by providing additional resources without compromising your child’s eligibility for government benefits. Funds from a trust may be...
by Christine Brown | Dec 20, 2022 | Special Needs, Special Needs Planning, Special Needs Trusts
Individuals who have disabilities often require government assistance to cover the costs of professional support and care. However, programs such as Medicaid and Supplementary Security Income (SSI) are means-tested, so eligibility is determined based on an...
by Christine Brown | Aug 11, 2021 | Estate Planning, Special Needs Planning, Special Needs Trusts
All parents who have a child with special needs want to make sure that those children are taken care of in every instance – most importantly, after the parents have passed away or can no longer provide personal care for the child. Creating a special needs trust is...