Special needs trusts generally fall into one of two categories, and the treatment and effect of any given trust varies depending on which kind of trust is involved. This has led to a tremendous amount of confusion and, in some cases, a...
MoreSelf-Funded Special Needs Trusts
What is a Self-Funded Special Needs Trust? A trust is a legal document that provides for the control and distribution of assets held by a “trustee” for the benefit of another (the “beneficiary”). The assets in a trust...
MoreWhat is a Living Revocable Trust?
No one likes to think about the circumstances that can take their life, especially when they have young children at home. Sadly, situations can occur, and if the proper procedures are not taken while you were still alive, it can cause a lot...
MoreAppointing a Trustee for Your Trust Fund
Appointing a Trustee for Your Special Needs Trust Fund
MoreSetting Up a Special Needs Trust Fund
Life is unpredictable, especially if you are a parent of a child with special needs. The one thing that should not be unpredictable is what would happen to your child if anything were to happen to you. Making the proper plans now by...
MoreTypes of Special Needs Trust Funds
The whole purpose of a special needs trust fund, which can also be referred to as a supplemental needs trust, is to provide financial support for a disabled person without disqualifying them from receiving government assistance. Trust funds...
MoreWhat is a Special Needs Trust Fund?
Many families of children with special needs make the common mistake of not setting up a trust fund. The families think that there is no need to since they are still healthy and young, or they think it may be a waste since they do not have...
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