by law_ewoxi5 | Mar 16, 2015 | Estate Planning News, News, Newsletter Articles, Special Needs Planning
The Achieving a Better Life Experience (ABLE) Act, a new federal law passed this year, gives some people with disabilities or their families the ability to establish tax-free savings accounts that will not affect the ability to qualify for, or maintain, government...
by law_ewoxi5 | Feb 9, 2015 | Estate Planning News, News, Special Needs Planning
Fifty years ago, most people with even moderate special needs were institutionalized throughout their adult lives. Now, thanks in part to societal changes and decades of litigation, most people with special needs, including those with very severe special needs, live...
by law_ewoxi5 | Jan 16, 2015 | Estate Planning News, News, Newsletter Articles, Special Education News, Special Needs Planning
Medi-Cal and Supplemental Security Income (SSI) benefits are not affected by funds held in a properly drafted special needs / supplemental needs trust. However, problems can arise when funds are withdrawn from a special needs trust. This leads to one of the most...
by law_ewoxi5 | Apr 3, 2014 | Estate Planning News, News
A recent article in the New York Post about brothers battling over a painting from their uncle’s estate is a reminder about how important it is to designate a destination for your personal property, either through a will or by gifting while you are still alive, in...
by law_ewoxi5 | Mar 27, 2014 | Estate Planning News, News
An estate plan isn’t something you create and forget about once it’s done. If you’ve read any of our articles regarding actors and their trusts then you know how important it is to update your plan. Your life is constantly changing, your assets change, and laws...
by law_ewoxi5 | Mar 20, 2014 | Estate Planning News, News
As you may know, renowned award-winning actor Philip Seymour Hoffman passed away in early February 2014 leaving behind three children and his long-time girlfriend. What you may not know is that he also left behind an estimated $35 million estate, and a will that has...
