by The Academy of Special Needs Planners | May 1, 2023 | News
Those who obtain a workers’ compensation settlement for future medical expenses must create a Medicare Set-Aside (MSA) Account to preserve their eligibility for Medicare. This separate, interest-bearing account pays for medical costs related to the worker’s injury....
by The Academy of Special Needs Planners | May 1, 2023 | News
Special needs planning question: Is there any way to use the funds in your Medicare Set-Aside (MSA) trust even if you don’t need further treatment for your injury? Answer: Funds in a MSA can be used to cover medical expenses set out in the MSA agreement even if...
by The Academy of Special Needs Planners | Apr 21, 2023 | News
Trustees of special needs trusts generally have wide discretion in determining whether to distribute funds to trust beneficiaries. One of a trustee’s main concerns lies with the beneficiary’s continued eligibility for public benefits. For example, a special needs...
by The Academy of Special Needs Planners | Apr 21, 2023 | News
Government programs like Medicaid and Supplemental Security Income (SSI) provide essentials, such as medical care, food, clothing and shelter. Special needs trusts are designed to supplement, not replace, this kind of basic support. Such trusts pay for anything the...
by The Academy of Special Needs Planners | Apr 14, 2023 | News
The California Court of Appeals holds that a biological father cannot inherit from his daughter because, although he attended a family court mediation and paid child support, he never acknowledged her as his child. In Westamerica Bank v. Morales (Cal. Ct. App., No....
by The Academy of Special Needs Planners | Apr 14, 2023 | News
Maintaining independence is fundamental for people living with disabilities. Having mobility options allows people with certain disabilities to go to doctor’s appointments, grocery shop, visits friends, and keep a sense of autonomy. Purchasing a vehicle can be...
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