Parents who take care of children with disabilities must consider what will happen when they can no longer provide for their loved ones. While a special needs trust can help a disabled child into adult years, different insurance policies may also offer various kinds...
If you have a friend who has a relative with a disability or other special needs, your friend may have asked you to be a trustee of a special needs trust. Before you agree to do so, though, you should know exactly what the role involves. A special needs trust is a...
All parents want to ensure that their children receive the best education possible. When you have children with special education needs, it can cause a lot of stress to determine whether the school can provide your kids with adequate education and care in an...
The fact is that most people require long-term care once they reach a certain age. According to the Administration for Community Living, 70 percent of people over 65 need some form of long-term care. You should begin planning for professional elder care sooner than...
Perhaps you have a disabled teenage son who was the victim of a serious car accident. You are considering setting up a trust to hold the financial compensation he is due to receive. According to federal and state law, those who qualify for SSI and some Medicaid...
Legal guardians and parents of a special needs child want to take care of their loved ones after they die. While a special needs trust helps them accomplish that goal, guardians and parents must understand how to make the most of the estate planning tool. With...
Many people believe that a will is the best way to provide for their loved ones once they’re gone. While a will offers many important benefits in establishing an asset management plan after death, there are some circumstances under which a trust is a better option for...
As a parent of a child with special needs, you probably plan ahead all the time. Depending on your child's needs, you may start every day with a plan to ensure things run smoothly. It is likely difficult for you to imagine how your child would survive without you to...
As the parent or close relative of a loved one with special needs, you have an array of factors to explore when creating an estate plan. Focusing on the long-term impact of your estate plan with respect to your loved one with special needs must remain a top priority....
When you have a child with special needs, you may worry about what will happen if you become incapacitated. Putting together a care plan can give you peace of mind. According to the Seattle Children's Center for Children with Special Needs, a care plan is a...
