by law_ewoxi5 | Sep 24, 2015 | Business Law News, Estate Planning News, News, Newsletter Articles, Press Releases
With today’s technology and without the creation of a proper trust, probated wills have become public records and may even be accessed online. Some examples are: Paul Revere left all his household furniture to an unmarried daughter. Daniel Webster willed his grandson...
by law_ewoxi5 | Aug 27, 2015 | Estate Planning News, News, Newsletter Articles, Special Needs Planning
Medical care is an essential life-long service for a person with special needs. Transitioning to an individual plan from a parent’s health insurance could begin when your child turns 18 and last until the child turns 26, or even longer in some cases. Medical...
by law_ewoxi5 | Aug 6, 2015 | Estate Planning News, News, Newsletter Articles, Special Needs Planning
The financial planning steps that a family takes once their child reaches the age 18 establish the infrastructure for the child’s support and well-being for the rest of the child’s life. The effects of any wrong decisions made by parents during this transition...
by law_ewoxi5 | Jul 30, 2015 | Estate Planning News, News, Newsletter Articles, Special Needs Planning
Federal legislation called The Special Needs Trust Fairness Act is struggling to make its way through congress, but has passed a significant hurdle on its way to possible passage. On June 24, 2015, the proposed law cleared the Senate Finance Committee and will now go...
by law_ewoxi5 | Jun 22, 2015 | Estate Planning News, News, Newsletter Articles, Special Needs Planning
It’s not until their child is in early adolescence that most families suddenly realize services and programs relied on for the care of their son or daughter will soon disappear and be replaced by radically different benefits. For some benefits, this transition...
by law_ewoxi5 | May 15, 2015 | Estate Planning News, News, Special Needs Planning
There are three basic types of special needs trusts: first-party special needs trusts, third-party special needs trusts, and pooled trusts. All three varieties of special needs trusts manage resources for a person with disabilities so that person can benefit from...