There are two types of Special Needs Trusts (SNTs), commonly designated as first-party and third-party SNTs. It is important to determine which type of SNT you have or need. This depends upon whose property is funding the SNT. If the property funding the SNT originates with the SNT beneficiary, then it is a first-party SNT….
Written by Mark EghrariDo you need to be rich to need an estate plan? Absolutely not. At the most basic level, during your lifetime an estate plan allows someone you trust to make decisions on your behalf if you are unable to do so yourself, and after your death, ensures that your assets and your wishes are…
A Supplemental Security Income (SSI) recipient is eligible to receive a monthly cash benefit when the Social Security Administration (SSA) determines that, among other eligibility criteria, the recipient’s income and resources fall below certain limits. Generally, the SSA includes funds held in trust for the benefit of the recipient towards this resource limit; however, funds…