Special Needs Trust Children with special needs, or who developed special needs or disabilities after birth due to an accident or injury, typically need someone to handle their financial affairs. If this is your circumstance, you have specific considerations when it comes to your estate planning needs. Parents of special needs children need …
Why a Special Needs Trust is Important A special needs trust is an important legal item that parents of special needs children should look into with the help of a family law attorney in New Jersey. At the same time, if you have an adult child or an elderly parent who has special …
Ask a Special Needs Trust Attorney: Using Life Insurance for Special Needs Planning The foundation of a good estate plan is life insurance. In addition to providing immediate cash at death, life insurance helps support dependents, take care of the deceased person’s debts, funeral expenses, and income or estate taxes. Life insurance can also be …
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A sibling reports that her brother has down syndrome, a developmental disability, lives in a group home, and is currently working in a low-paying job. Their parents are deceased and never set up anything to help the son financially. The sister wants to help him but does not know how. The above referenced scenario is …
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