Parents of special needs children need to be especially proactive about planning for the future. Their planning should start with an estate plan, that includes a Special Needs Trust. It’s one of the hardest things for any parent to think about, but for special needs families, planning for the child’s…
How the “Achieving a Better Life Experience” Act, known as ABLE, provides a mechanism to create a tax-advantaged savings tool for individuals with disabilities and their families. The benefits for income, health care, food and housing for disabled Americans are awarded based on a resource test, so that individuals who…
Planning for a special needs beneficiary can be incredibly complex, so it’s generally best to consult with a knowledgeable attorney in your state who specializes in this area. Estate planning helps to ensure our loved ones will be taken care of when we are no longer here. These plans are…