As you and your family navigate welcoming your first child into your home, estate planning may be the last thing on your mind. However, it’s wise to consider estate planning and updating your legal documents as essential to new parent… Read More
Posts Tagged ‘special needs trusts’
-
How to Use Special Needs Trusts
Estate planning is crucial for every parent eager to provide for their children in the future. However, parents of children with special needs may be even more concerned about how they can best provide for their child in a number… Read More
-
4 Mistakes to Avoid When Gifting Assets
Every person wants to make sure that their assets are passed on to their loved ones after death. However, gifting assets is not as simple as you may initially think. You need to be strategic when leaving behind money, property,… Read More
-
4 Things to Know Before Creating a Special Needs Trust
Raising children with special needs can be challenging, and one of the ways you may find yourself challenged is by caring for them after your death. One way to ease your anxieties is to create a special needs trust. This… Read More
-
Special Needs Trusts: First-Party Vs. Third-Party
Special needs trusts are planning tools that parents or other family members can use to ensure their child or loved one with disabilities can access the government benefits they need and financial security. These benefits can include Supplemental Security Income… Read More
-
A Special Needs Trust: The Ins and Outs and Advantages
The goal of special needs trust is to help anyone with a disability maximize their available resources and enhance their quality of life. A special needs trust can help someone with a disability preserve their eligibility for government benefits such… Read More