Special Needs Newsletter

October 2020

Courtesy of
Michael Beloff, CFP®, ChSNC®

What Happens to Assets Left in a Special Needs Trust on the Death of the Beneficiary?

Terminating a special needs trust is not as simple as merely writing a check to the remainder beneficiaries and calling it a day. There are several key considerations and requirements to keep in mind.


Representative Payee: Not a Job to Be Taken Lightly

When a person with special needs cannot make important financial decisions, the government sends his benefits directly to a third party, known as a representative payee


Trump Administration Requests Supreme Court Review of Medicaid Work Requirements

Blocked in the lower courts, the Trump administration is asking the U.S. Supreme Court to allow states to require certain Medicaid recipients to work in order to maintain eligibility for benefits.


Nearly 110,000 Died Awaiting Disability Benefit Appeals Between 2008 and 2019

A new Government Accountability Office (GAO) report reveals that thousands of applicants for SSDI and SSI benefits are dying or going bankrupt while waiting for their cases to be resolved.