Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the difference is? The simple answer is that there’s no difference. Whether supplemental or special, ...
A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people with disabilities to save money. Both options provide a mechanism for saving ...
When settling a lawsuit on behalf of a person with a disability, the plaintiff's attorney must take into account not only the settlement amount, but also how the settlement will be distributed.
A special needs trust provides financial support for a disabled person without affecting their eligibility for benefits like SSI or Medicaid. Families or caregivers can fund the trust with cash, ...
Trustee selection for a beneficiary with special needs presents unique challenges. The decision includes practical considerations: the proposed trustee’s geographic proximity to the beneficiary; ...
JOHNSON CITY, Tenn. (WJHL) — Families with special needs are invited to a free public seminar on the topic of Special Needs Trusts (SNTs) on Oct. 21. According to McVey Law Firm of Kingsport, the ...
Individuals living with disabilities that impact their day-to-day or long-term medical conditions often depend on external support. For example, they may rely on government assistance programs, like ...
The nonprofit JLA Trust & Services is approaching a milestone of enrolling 200 clients in their affordable and life-changing pooled special needs trusts. JLA Trust is a community-based nonprofit, ...
TAMPA, Fla. (WFLA) — Families that saw their special needs trusts drained want accountability and legislation. 8 On Your Side has told you $100 million dollars has vanished from a local trust ...
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