Assured
As·sured | ə-ˈshu̇rd
1: characterized by certainty or security
2: very confident
3: sure that something is certain or true
Five Questions to Ask Before Settling a Personal Injury Lawsuit
When personal injury lawsuits are settled, the underlying settlement figure may be less than initially meets the eye due to attorneys’ fees, expenses and other costs. To ensure the resulting settlement best protects the plaintiff's long-term financial interests, as...
Trusts and Supplemental Security Income (SSI)
The contents of most trusts you create for yourself will be considered available to you in determining your eligibility for SSI. On the other hand, assets of most trusts that someone else creates and names you as a beneficiary of will not be considered to belong to...
Writing a Memorandum of Intent for Your Child With Special Needs
How can you ensure that your child will remain well cared for and secure once others assume the role of guardian or caregiver? While creating a financial plan and establishing a specialized trust are central to preparing for your child's future, special needs planners...
Can I Leave One-Third of My House to a Special Needs Trust?
Question: I have three children and one is an incapacitated adult child. I would like to prepare a will that leaves my house to the three children but puts one-third of the house in a special needs trust to benefit my child with disabilities. Is this even possible? I...
How Do You Qualify for Social Security Disability Benefits (SSDI)?
Disability benefits are available to qualified recipients under two programs, Supplemental Security Income (SSI) and Social Security Disability Income (SSDI). SSI is a means-tested program for people with disabilities who have very limited means, but SSDI is an...
Supreme Court Rules State Medicaid Programs Can Recoup a Larger Share of Injury Settlements
If you are injured due to another person’s negligence and receive Medicaid benefits to pay for care, the state has a legal right to recover the funds it spends on your care from a personal injury settlement or award. Yet in a legal case involving a Floridian teen who...
Through the PASS Program, People With Disabilities Can Pursue Work Goals Without Losing SSI Benefits
To qualify for Supplemental Security Income (SSI), a federal program that provides people with disabilities a monthly stipend, individuals must conform to very strict income and asset limits. Often, SSI beneficiaries who could hold a job opt not to because they worry...
Support Your Child With Disabilities — and Still Qualify for Medicaid
If you have a child with a disability, providing for them into the future will likely stand among your top priorities. However, if you also wish to apply for Medicaid to cover your own long-term care expenses, first consider establishing a special needs trust (SNT)...
Assistance Is Available for Veterans’ Children with Disabilities
Children with disabilities whose parents are veterans, living or dead, may be entitled to government support. Veterans and their children might not be aware of the fact, but financial assistance is available through the U.S. Department of Veterans Affairs and the...
Understanding the Common Types of Trusts
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a "trustee," holds legal title to property for another person, called a "beneficiary." Trusts fall into two basic categories: testamentary and inter vivos....