Blog - Special Needs Planning

Settlement planning is a comprehensive strategy to manage and allocate funds received from a legal settlement. It aims to ensure long-term financial stability and security for the beneficiaries.

Learn the new rules for powers of attorney in Michigan (the UPOAA) that took effect on July 1, 2024.

‍A 2-day experience dedicated to the education of professionals who plan for persons with disabilities and administer special needs trusts.

After deciding a special needs trust is appropriate, one of the most difficult choices parents make is the nomination of the trustee.

Individuals seek professional guidance to protect their assets, children, spouse, partner or other family members after they are gone. If their loved one is an individual with disabilities who depends on means-tested public benefits to meet his or her basic needs, it is essential to choose experienced counsel to help protect his or her present and future eligibility.

A Special Needs Trust (SNT) can pay for supplemental needs like education, therapy, and housing, ensuring benefits without impacting government aid. Find out what else an SNT can cover here.

The new Tax Cuts and Jobs Act allows families to roll over up to $15,000 annually from 529 savings accounts to ABLE accounts for the same or a family member beneficiary.

People with disabilities are disproportionately low-income. Like many other marginalized communities, people with disabilities are being priced out of many neighborhoods, especially in large metropolitan centers, as rental prices continue to skyrocket and affordable housing stocks dwindle.

If your child receives Supplemental Security Income (SSI) benefits and is going to turn 18, you should talk with your special needs planner about some important changes that could significantly impact your child’s SSI benefit.