Having enough financial resources to support someone with special needs is an ongoing worry for many families. If resources are short, one increasingly popular option is to set up a crowdfunding campaign through such outlets as GoFundMe or Kickstarter. While…
Savings for People with Disabilities The long awaited ABLE (Achieving a Better Life Experience) Act has now become law. Once implemented, the law will allow eligible people with disabilities to accumulate funds in a special savings account called an ABLE Account.…
What is a Special Needs Trust? A Special Needs Trust is a legally binding document which enables a beneficiary with a disability to have a good quality of life, yet still qualify for important government benefits. Why is a Special…
As parents, we forget that so much of the information about our children rests in our heads and not on paper. It is very important to document information about your disabled child. This can be done with a special needs…
Buy enough life insurance. A parent is irreplaceable, but someone will have to fill in if the worst happens. It may be siblings or other relatives. In all likelihood, that family will have to pay for at least some services…
The special needs trust trustee has all of the duties of any trustee, plus specific added responsibilities due to the special needs of the beneficiary. All trustees are responsible for: Appropriate investment of trust property Bookkeeping and accounting of trust…