Sometimes a parent or relative of a person with special needs will establish a special needs trust for their family member and decide to serve as the sole trustee of…

The Social Security Administration (SSA) has reopened its more than 1,200 field offices to the public for the first time in two years, and the agency also launched an online…

Question: Should a special needs trust (SNT) trustee be paid, and, if so, how much? Answer: It depends.  The demands on a trustee can vary widely, depending on the size and complexity…

Vice might be nice, as the old saying goes, but can things like cigarettes, alcohol, and pornography be paid for out of a special needs trust (SNT)? The answer is…

The maximum amount that can be contributed each year to an ABLE account for a person with disabilities rose $1,000 to $16,000 on January 1, 2022.  The figure, which is…

Special Needs Trusts, also known as Supplemental Needs Trusts, are a tool that allows individuals with disabilities to earn income, accumulate wealth, receive gifts and inheritances, and maintain a quality…

One of the most important roles in a special needs plan is that of trustee, the person who administers a special needs trust (SNT). Of a trustee’s many responsibilities, record-keeping is perhaps the…

Plaintiffs in a class-action lawsuit against the Social Security Administration (SSA) might describe it as an open-and-shut case. When the SSA closed its field offices at the onset of the COVID-19 pandemic,…

Unique tax benefits are available to families who have children with special needs. And thanks to recent changes in the tax code, there are opportunities to save substantial amounts of…

The SECURE Act, passed at the end of 2019, changed a number of rules regarding inherited IRAs, making it more difficult for most beneficiaries to save on taxes by “stretching” distributions…

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