28
Apr
Is the ABLE Act going to help you? The answer is: it depends. ABLE accounts certainly provide planners with an additional tool for their Special Needs Planning toolbox. How easy will it be for parents to utilize ABLE accounts on their own? For many parents, the answer will be, “not so easy.” As a result […]
21
Apr
Many parents think that all special needs trusts (SNTs) or supplemental needs trusts can be invaded by Medicaid after their disabled child dies. Let me try and clarify. A first-party special needs trust (payback trust) is funded by your child’s money, has a payback clause and therefore may be invaded by Medicaid. A third-party special […]