The government is considering changing its inflation calculation in a way that could mean that millions of children, seniors and people with disabilities losing access to vital programs, and mean less money for those who still qualify.
The choice of trustee is one of the most important decisions you’ll make regarding your special needs trust. Here are five questions to keep in mind when considering who will serve in this crucial role.
Many parents have their retirement savings socked away in 401(k)s and IRAs. There are ways for beneficiaries to avoid paying taxes on the funds prematurely, but when a beneficiary has special needs, things get thorny.
If you are thinking about moving to another state with your child, or if your child has grown up and is moving to another state, provisions in your child’s special needs trust may no longer be applicable.
At long last, the U.S. Department of Housing and Urban Development (HUD) has said how ABLE accounts will affect eligibility for Section 8 vouchers, public housing and a host of other federal housing programs — and the news is good.