The Social Security Act imposes a $2,000 asset limit on SSI beneficiaries, a figure that has remained frozen since 1989. For couples, the limit is $3,000. For 2018, the maximum monthly SSI benefit is $750, although many states provide a further supplement. However,...
Long-term care insurance has evolved over time, and it continues to be a valuable form of insurance held by a minority of individuals. If you have it today, congratulations! Most people we see do not have long-term care insurance. It can be a very valuable insurance...
Do you ever get frustrated when an item is on your “To Do List” month after month? Does it seem like there is never enough time to get certain things done in your life? If this describes your approach to estate planning, then keep reading. Clients often...
If you are considering taking on the responsibility of serving as the trustee of a special needs trust, you will probably have questions about the trustee’s role. Trustees of special needs trusts have many important responsibilities, but these five likely rank...
It is quite common for a parent to want to serve as the trustee of a special needs trust for their child, especially when the parent is the one creating or funding the trust. There are many reasons why this makes sense: • It enables the parent to have complete control...
