Over half of all Americans do not have an estate plan in place. That fact is not all that surprising given the fact that the average person is not familiar with most of the concepts and documents used … [Read more...] about 3 Estate Planning Documents You Should Have in Your Plan
People with disabilities obviously need health insurance, and many of these folks cannot work, so they cannot get coverage through their employers. Fortunately, individuals that are in this position … [Read more...] about How Do You Leave a Bequest to a Medicaid Beneficiary With a Disability?
Medicaid is required to seek reimbursement from the estates of people that were enrolled in the program while they were living. Since it is a need-based program, you cannot qualify if you have more … [Read more...] about Does Medicaid Estate Recovery Apply to a Special Needs Trust?
A lot of people think that estate planning boils down to the creation of a simple will. They never really consider the alternatives, and they assume that everything will fall into place. In … [Read more...] about Why Would a Will Be the Wrong Asset Transfer Vehicle?
The acronyms that are used to describe government programs can be confusing because they are similar. With this in mind, we will provide an explanation of Supplemental Security Income (SSI) and Social … [Read more...] about Is There a Difference Between SSI and SSDI?
When planning for children with special needs, it takes special care to preserve their eligibility for public benefits. An ABLE account is a new way to preserve eligibility while gaining tax … [Read more...] about A Special Option for Special Kids
If you are disabled, or someone you care about is disabled, you should strongly consider the creation of a special needs trust. A special needs trust can help to preserve access to important … [Read more...] about How a Special Needs Trust Preserves Eligibility for SSI Benefits?
A special needs trust needs to be created if you are going to transfer money or property to a person who has a serious disability. Whether you're giving an inter vivos gift (gift during your life) or … [Read more...] about What is the Money in a Special Needs Trust Used for?
Many clients prefer to keep the physical documents they collect over the years in a file cabinet or even a safety deposit box. Still others like the idea of combining digital and hard … [Read more...] about Free Report: Truths Every Family With Special Needs Children Need to Know