Courtesy ofBelvedere Wealth Partners
Making plans that address your child's experience while living with physical and cognitive impairments requires careful thought and planning. When looking toward their future, consider your child's ability to make decisions and find the resources they will need.
How personal injury settlements affect SSDI or SSI benefits depends on your specific situation. Generally, SSDI won't be affected, but SSI definitely will. Either way, consult a disability attorney for options.
Choosing the right person to serve as trustee of a special needs trust is one of the most important and difficult issues in creating the trust. Here are five considerations to help in the choice of who should serve.
Gift cards are popular gifts, but they can cause problems for recipients who receive Supplemental Security Income (SSI). Consider a few things when it comes to purchasing a gift card for a person with special needs who relies on this public benefit.
The opinions voiced in these articles are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies may be suitable for you, consult the appropriate qualified professional prior to making a decision. This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.