Category archives: First-Party Trusts
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5 years ago
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Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky. Proper planning by parents is necessary to benefit the child with a disability, including an adult child, as well... [read more]
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6 years ago
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Families of people with special needs often face unusually high travel expenses. Medical emergencies or other unforeseen circumstances may require travel to care for their loved ones at a moment’s notice. Or family members may simply need to travel in order to visit the person with special needs.
... [read more]
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7 years ago
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Special needs trusts can be an invaluable tool for families that have a child with special needs. One often overlooked aspect of a special needs trust (SNT), however, is how the trust is taxed. This consideration is important because the tax savings can be substantial depending on how the trust is ... [read more]
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