The problem with the Supplemental Security Income (SSI) program is the rising number of poor and elderly people and people with disabilit
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The SECURE Act, passed at the end of 2019, changed a number of rules regarding inherited IRAs, making it more difficult for most beneficiaries to save on taxes by "str
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In March 2018, the Social Security Administration (SSA) had a nasty surprise for Teresa Sims, a woman with disabilities who lives in a group home in Minnesota’s Twin Cities. The agency informed her by letter that she would no longer be receiving the Supplementary
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Getting benefits through the Social Security Disability Insurance (SSDI) program is a great relief to a person under age 65 who is unable to earn a living becaus
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By their very nature, special needs trusts (SNTs) are usually designed to terminate, or at least radically change, when the trust's primary beneficiary dies. But terminating a special needs trust is not as simple as merely writing a check to the remainder beneficiaries
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Trusts are important vehicles in special needs planning. They not only set aside funds to pay for the care of the person with special needs while maintaining eligibility for programs like Medicaid, but they provide ways to preserve these funds through the person’s lifetime. What happens, though, w
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A special needs trust is set up to provide money for the care and support of the beneficiary with special needs. A trustee is then named or app
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