Starting September 2024, the SSA simplifies SSI by excluding food from ISM calculations, expanding rental subsidy policies, and broadening public assistance definitions.
Understanding the intricacies of first-party special needs trusts, including their benefits, setup, management, and legal considerations, is crucial for ensuring financial security and well-being.
Navigating the complexities of financial planning for individuals with disabilities can be overwhelming. Establishing a special needs trust is a crucial step in securing future well-being.
Learn the new rules for powers of attorney in Michigan (the UPOAA) that took effect on July 1, 2024.
Use a pooled or third-party special needs trust to protect a disabled loved one’s benefits. Experienced counsel can help you create a cost-effective, flexible estate plan.
After deciding a special needs trust is appropriate, one of the most difficult choices parents make is the nomination of the trustee.
A Special Needs Trust (SNT) can pay for supplemental needs like education, therapy, and housing, ensuring benefits without impacting government aid. Find out what else an SNT can cover here.
Trustees of a special needs trust often get paid via a percentage of assets or an hourly rate. Compensation is taxable and must be clarified early to comply with state law and fiduciary duties.
Safeguard SSI, Medicaid upon settlement or inheritance. Learn strategies to preserve benefits and ensure financial security for individuals with disabilities.
Don't miss experts Michele Fuller & Erika Riggs for a Q&A on special needs planning, disability benefits, SSI rules, and safeguarding your financial future.
Discover how special needs trusts protect benefits while providing fiduciary, caregiving, and asset management support. Learn to avoid common pitfalls and plan effectively for loved ones with disabilities.
Planning gifts for a loved one with disabilities requires careful consideration to avoid impacting their eligibility for government benefits. In this webinar, we will explore how ABLE accounts can be a powerful special needs planning tool for gifting to individuals with disabilities.
Learn the fundamentals of probate in Michigan with a focus on individuals with disabilities. This session will cover key topics such as estate administration for special needs heirs, guardianships for individuals with developmental disabilities, conservatorships, and the vital role of special needs trusts.
Navigating Supplemental Security Income (SSI) benefits can be complex, but understanding the process is crucial for securing the financial well-being of a loved one with special needs.
Deciding between guardianship and power of attorney is an important decision that can significantly impact the care and protection of a loved one. In this webinar, we will guide you through the key differences between these two legal tools and explain when each is appropriate.
