Courtesy ofMichael Beloff, CFP®, ChSNC®
A recent felony charge against the mother of a special needs child in Minnesota offers a good reason why professional oversight of a special needs trust may be a good idea.
At least 36 states and the District of Columbia are diverting federal benefits like Supplemental Security Income (SSI) or Social Security survivors’ benefits owed to children in foster care.
A bipartisan bill fixes a flaw in earlier legislation and would finally allow any veteran to allocate pension payments to a trust for their survivors with special needs.
The American Rescue Plan, signed into law by President Biden, makes health coverage bought through the Affordable Care Act (ACA) vastly more affordable for millions of Americans, at least for two years.