by The Academy of Special Needs Planners | Jan 29, 2023 | News
A fiduciary is a fancy legal term for the person who will take care of your property for you if you are unable to do it yourself, such as the executor of an estate, the trustee of a trust, or an attorney-in-fact under a power of attorney. Your first instinct might be...
by The Academy of Special Needs Planners | Jan 29, 2023 | News
A power of attorney is a very important estate and special needs planning tool, but in fact, there are several different kinds of powers of attorney that can be used for different purposes. Before executing this crucial document, it is important to understand what...
by The Academy of Special Needs Planners | Jan 29, 2023 | News
For most people, the durable power of attorney is the most important estate planning document available — even more useful than a will. A power of attorney allows a person you appoint — your “attorney-in-fact” or “agent” — to act in your place for financial purposes,...
by The Academy of Special Needs Planners | Jan 26, 2023 | News
Many parents and families planning for the care of their loved one with special needs will consider setting up a special needs trust. (Special needs trusts are also often referred to as supplemental needs trusts and SNTs). These trusts allow assets to be left to a...
by The Academy of Special Needs Planners | Jan 23, 2023 | News
There are some serious drawbacks to many options for giving gifts to grandchildren. For instance, there might be no tax or estate planning advantages. Or, you may have no control of the funds (or lose control after a certain point). The money could also affect a...
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