Ten Things to Consider When Deciding Whether to Make a Third Party Special Needs Trust an Inter Vivos or Testamentary Trust
The purpose of a Third-Party Special Needs Trust (TPSNT) is to protect public benefits such as Supplemental Security Income (SSI) and Medicaid. The purpose of the TPSNT is to provide appropriate support for children after their parents are deceased. During their lifetimes, the parents can provide that support directly.
Ten Things to Know About Life Plans
If money is being left to an individual with a disability(ies), it is important that a Life Plan be developed. Life does change and the Plan should be updated as needed or every five years or so and usually only requires a modification to the original Plan. What are the important issues that should be…
TEN THINGS A PERSONAL INJURY CONSULTANT CAN DO FOR YOU
A lawyer serving as a personal injury consultant can assist a personal injury attorney in a number of ways. Here are ten. Wrongful Death Case
USING SELF-SETTLED SPECIAL NEEDS TRUSTS TO PROTECT PUBLIC BENEFITS
Many public benefits available to persons with disabilities, such as Supplemental Security Income (SSI) and Medicaid, place limits on income and certain types of assets. Exceeding such limits can lead individuals to lose some or all of their benefits. Individuals receiving SSI are limited to $2,000 of assets. For many individuals, their Medicaid is linked…