Special needs trusts are essential when a person with disabilities has assets to protect. Whether the person with the disability has funds, receives funds from a personal injury settlement, or receives funds and property as a gift, the money must be managed carefully. It also has to be owned in an appropriate manner so the assets do not prevent Medicaid eligibility or eligibility for other … [Read more...] about First Party vs. Third Party Special Needs Trusts
"What is the Money in a Special Needs Trust Used for?" by Attorney Jon J. Gasior … [Read more...] about What is the Money in a Special Needs Trust Used For?
"Special Needs Trusts" by Attorney Jon J. Gasior … [Read more...] about Special Needs Trusts
What is the ABLE Act? The act is a bill that was introduced in Congress in 2013. It was recently passed by the House, and is up before the Senate. The ABLE act would amend Section 529 of the Internal Revenue code to create tax-deferred savings plan for those individuals with disabilities without affecting those individual’s eligibility for Medicaid or Supplemental Security Income, or … [Read more...] about The ABLE Act – Achieving a Better Life Experience Act)
"The ABLE Act - Achieving a Better Life Experience Act" by Attorney Jon J. Gasior … [Read more...] about The ABLE Act – Achieving a Better Life Experience Act
Are you the trustee of a Special Needs Trust? Do you have a child with a disability that will receive government benefits? Disability planning is an often overlooked aspect of estate planning that requires unique considerations and a deeper understanding from all of the parties involved. If you answered yes to either of the previous questions, you will need to be aware of what Special Needs … [Read more...] about Are You the Trustee of a Special Needs Trust?
"Administering Special Needs Trusts" by Attorney J. J. Gasior … [Read more...] about Administering Special Needs Trusts (Audio)
"What is Legacy Wealth Planning?" by Attorney Nicole Livingston … [Read more...] about What is Legacy Wealth Planning? (Audio)
Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m. for YOUR ESTATE MATTERS! The attorneys of SinclairProsser Law relate cutting edge estate planning information to keep you up to date. The topic tomorrow is "Do I Need an Estate Plan?" by Attorney Brooke Shemer. … [Read more...] about Listen to “Your Estate Matters” tomorrow morning (Tuesday) @ 8:50 a.m. on WNAV Radio
“You may delay, but time will not,” Benjamin Franklin. Everyone knows that they need an estate plan, but few of us do anything about it. In fact, according to a 2007 study, more than 55% of Americans don’t even have a simple Will. And yet, the clock is ticking for all of us. So why don’t more of us actually put together an estate plan? For some, it’s a morbid fear that by thinking about death, … [Read more...] about 10 Essential Estate Planning Facts