by The Academy of Special Needs Planners | Aug 3, 2021 | News
Being asked to serve as the trustee of the trust of a family member is a great honor. It means that the family member trusts your judgment and is willing to put the welfare of the beneficiary or beneficiaries in your hands. But being a trustee is also a great...
by The Academy of Special Needs Planners | Aug 1, 2021 | News
Families of children with special needs face a daunting challenge when their dependents age out of school. Right now, there is a paucity of state support in America for people whose disabilities mean they are unable to care for themselves, leaving family members,...
by The Academy of Special Needs Planners | Sep 10, 2020 | News
Trusts are important vehicles in special needs planning. They not only set aside funds to pay for the care of the person with special needs while maintaining eligibility for programs like Medicaid, but they provide ways to preserve these funds through the person’s...
by The Academy of Special Needs Planners | Jul 30, 2020 | News
A special needs trust is set up for a person with special needs to supplement any benefits the person with special needs may receive from government programs. A properly drafted special needs trust will allow the beneficiary to receive government benefits while still...
by The Academy of Special Needs Planners | Jul 29, 2020 | News
In his pre-session presentation at the 2020 ASNP Annual Meeting, “Special Needs Planning Integration with Veterans Benefits,” Doylestown, Pennsylvania ASNP member Richard L. Newman provided an overview of VA health care and disability benefits, and concluded with a...
by The Academy of Special Needs Planners | Jul 27, 2020 | News
A New Jersey man has been charged with stealing $330,000 from the special needs trust (SNT) of a man living in a long-term care facility. The case highlights the importance of having a professional trustee manage an SNT. According to a criminal complaint filed by the...
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