Will You Owe a Gift Tax This Year?
The rules surrounding taxes on gifts often create confusion during tax season or any other time. Below are some of the nuts and bolts of the gift tax, including when a gift tax form needs to be [...]
10 Facts Funeral Directors Don’t Want You to Know
Funerals are among the most expensive purchases many consumers will ever make, ranking only behind the purchase of a home and an automobile. A traditional funeral, including a casket and vault, [...]
Representative Payee: A vital role in the safety and wellbeing of vulnerable adults
More than eight million people who receive Social Security or Supplemental Security Income (SSI) benefits need help managing their money. When a recipient of SSDI or SSI is incapable of managing [...]
By Lena Carrera
In Disability Rights/Issues, General, Government Benefits, Special Needs Planning, Special Needs Resources
Posted What Assets Are Not Counted When Applying for SSI?
Supplemental Security Income (SSI) is a federal program that helps people with disabilities and very low incomes pay for food, clothing and shelter. SSI is often confused with Social Security [...]
By Lena Carrera
In Disability Rights/Issues, Estate Planning, Estate Planning Resources, General, Miscellaneous, Special Needs Planning, Special Needs Resources, Trusts
Posted The Advantages and Disadvantages of Structured Settlements
The Advantages and Disadvantages of Structured Settlements When victims of medical malpractice and other catastrophic accidents receive awards in personal injury lawsuits, obtaining the award is [...]
In Disability Rights/Issues, General, Legislative Updates, Special Needs Planning, Special Needs Resources, Taxes
Posted New Tax Law Makes Changes to ABLE Accounts
Families taking advantage of ABLE savings accounts will have a little more flexibility in planning for special needs as a result of the new Tax Cuts and Jobs Act signed into law by President [...]
Posted
After Tax Reform, Is Estate Planning Still Necessary?
The new tax legislation raises the federal estate tax exemption to $11.2 million for individuals and $22.4 million for couples. The increase means that an exceedingly small number of estates [...]
New to Texas? …And Other Life Events That Require An Immediate Estate Plan Update
New to Texas? …And Other Life Events That Require And Immediate Estate Plan Update According to the Dallas Morning News, “job relocations by huge companies including Toyota, Liberty [...]
Is There a Difference Between “Supplemental” and “Special” Needs Trusts?
Is There a Difference Between “Supplemental” and “Special” Needs Trusts? Have you heard the terms “special” needs trust and “supplemental” needs [...]
In Estate Planning, Estate Planning Resources, General, Living Will or Advance Directive, Power of Attorney
Posted Kids 18 and Older? Do It Now: Vital Legal Documents Your College-Aged Child Needs
I get it – it runs counter-intuitive in so many ways: why on earth does my child need a Medical Power of Attorney? He/she has me – I’m the parent! Even though they still may be under our care [...]
