What happens if a dispute arises between a trustee and a beneficiary? There are five common rights of beneficiaries according to the Uniform Trust Code… A special needs trust is set up to provide money for the care and support of the beneficiary with special...
Special needs trusts (SNTs) can play an important role in helping families plan for children with special needs. Here are some of the most compelling reasons to speak with your attorney about establishing an SNT. 1. Preserve public benefits while enhancing your...
There are some things you need to know before giving a financial gift to a loved one who has special needs. The end of the year is approaching and the holidays are about to be in full swing. With that comes a time of gift-giving for family members. These gifts can be...
When Should You Consider Updating the Key Players in Your Special Needs Plan? It’s a wonderful feeling to have completed and executed a plan for your child with special needs. But how often should you revisit the people you chose to be guardian, trustee, health...
If you’ve set up a special needs trust, then you’ve named a trustee to serve in the best interest of the person(s) it benefits (called a beneficiary). While it is true that trustees of special needs trusts wear many hats, oftentimes families are left with...
