
What Happens When My Special Needs Child Turns 18?
Turning 18 is a major milestone – especially for children with disabilities – because it triggers critical changes in legal rights and parental responsibilities.

Turning 18 is a major milestone – especially for children with disabilities – because it triggers critical changes in legal rights and parental responsibilities.

Estate planning addresses all kinds of events in life, and planning for a disabled beneficiary, even someone who has been well all their lives, should be considered when creating an estate plan for your family with an estate planning attorney. What one needs to do is different in every situation, according to a recent article, “Some estate plans need provisions for disabled beneficiaries,” from The News-Enterprise. For families with a long-term disabled individual, one course is to create a Third-Party Supplemental Needs Trust, sometimes referred to simply as a Special Needs Trust or SNT. This is a type of trust…

A special needs trust protects assets, while preserving eligibility for government benefits. However, spending must comply with legal guidelines to avoid jeopardizing support.

When preparing testamentary documents, such as wills and trusts, protecting beneficiaries with disabilities should be a priority.

Social Security Disability Insurance (SSDI) is one of the least understood insurance policies available to U.S. workers. Many workers don’t realize they have the income protection SSDI provides or that they contributed to the coverage with every paycheck through FICA tax payments.

So, what happens with your estate plans if you are not in a traditional nuclear family? There is quite a lot that can fall under the umbrella of a non-traditional family, and the recommendations will vary depending on your specific circumstances.

As they get older, many — even most — Americans prefer to remain in their own homes as long as they can, AKA “age in place.” However, to do that, many will need to make their residences safer and easier to navigate, by making home modifications.

Money Talks News’ recent article entitled “7 Social Security Benefits You May Be Overlooking” says that the Social Security Administration provides payments to spouses, children and those with disabilities, among others. Let’s look at this in detail. Spousal benefits via a husband or wife. Spouses can get up to half of their husband’s or wife’s…

The presence of a pet can be reassuring, can provide comfort and can even deliver some important health benefits.

The retirement law has set an earnings limit of 80 percent in order for you to continue your disability retirement.