Special Needs Trusts

The Basics of Special Needs Trusts

Special Needs Trusts are the cornerstone of any estate plan involving a special needs child. They preserve government benefits when the child receives an inheritance or other major asset, and also allow you to supplement their government benefits to improve their standard of living. Special needs trusts are created to protect a […]

The ABLE Account vs the Special Needs Trust

ABLE Accounts offer a useful option to allow beneficiaries to save, and spend, their own money. Here is a rundown of the advantages and disadvantages of the ABLE account compared to the Special Needs Trust (SNT).

Video: Key #4 – Special Needs Trusts

In this Facebook Live video, Morgan Allison discusses the special needs trust. He covers the following topics:  why an SNT is needed, how it works, and the basic types of trust.

How Much Money Do You Need to Fund a Special Needs Trust?

How Much Money Do You Need to Fund a Special Needs Trust?

What amount is needed to fund a special needs trust? There is no right or wrong answer to that question. It really depends on the needs of the child and the financial ability of the family. Click here to view original web page at www.friendshipcircle.org   What’s Next? Learn more […]